AT&T is spinning off its DirecTV into a new company for a fraction of the $48.5 billion it paid for the satellite TV service in 2015. DirecTV has lost millions of customers on AT&T’s watch, and is valued in the deal at just $16.25 billion, including debt. Private equity firm TPG will own 30% of […]
source https://www.seattletimes.com/business/att-spinning-off-directv-after-losing-millions-of-customers/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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