AT&T and TPG Close DIRECTV Transaction

, /PRNewswire/ —

AT&T completes sale of entire remaining 70% stake in DIRECTV to TPG.

Today AT&T (NYSE:T) announced it has closed its previously announced transaction to sell its entire remaining 70% stake in DIRECTV to TPG Capital, the U.S. and European private equity platform of global alternative asset management firm TPG.

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SOURCE AT&T