AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant’s remaining ties to the entertainment industry. AT&T said Monday…

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