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TPG Exclusive: Agreement to Buy DirecTV Holding From AT&T for $7.6 Billion

TPG Inc. has struck a deal to acquire AT&T’s majority stake in DirecTV for $7.6 billion, marking a significant shift in the telecom landscape.

The TPG Capital logo is seen on an LED screen in the background while a silhouetted person uses a smartphone. PHOTO: Shutterstock
The TPG Capital logo is seen on an LED screen in the background while a silhouetted person uses a smartphone. PHOTO: Shutterstock

This strategic divestiture allows AT&T to concentrate more on its core business areas while adjusting its asset base.

The financial details released indicate

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