AT&T, loaded with debt from its DirecTV deal, sells part of its TV business to a private equity firm.


By BY LAUREN HIRSCH AND EDMUND LEE
Business
https://ift.tt/2MqDr9X
The spinoff, which will give TPG a minority stake, values the TV business at $16.25 billion — about a third of what AT&T paid just for DirecTV in 2015.
New York Times
Media, Telephones and Telecommunications, Television, Television Sets and Media Devices
February 26, 2021 at 12:30AM

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