Business
AT&T Reportedly Close to Making Its Problem Child Somebody Else’s Issue – Gizmodo
AT&T is reportedly very close to closing a deal for a minority stake in DirecTV.
AT&T is said to be very close to a deal for a minority stake in DirecTV.
Both Bloomberg and CNBC cited sources as saying that AT&T is close to closing a deal with private equity firm TPG for $15 million. The news follows a report by the New York Post in December that AT&T had engaged TPG about a deal after previous offers had failed to meet AT&Ts expectations. AT&T bought DirecTV for $49 billion back in 2015, and its possible the company had hoped to scrape some of that back. But DirecTV has also…
