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Home / 2021 at 06:30AM / Media / Telephones and Telecommunications / Television / Television Sets and Media Devices February 26 / AT&T, loaded with debt from its DirecTV deal, sells part of its TV business to a private equity firm.

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

Friday, February 26, 2021 , , , ,

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. By BY LAUREN HIRSCH AND EDMUND LEE from NYT

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