Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T. Why ...

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AT&T sheds its remaining 70% stake in DIRECTV to refocus on 5G and fiber growth amid rising streaming competition.

TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced the completion of its acquisition from AT&T of the remaining 70% stake in DIRECTV it did not already own. With ...