AT&T Sells DirecTV Holding to TPG for $7.6 Billion in Strategic Divestment

This is a strategic deal: part of its efforts to streamline operations and shore up its balance sheet, AT&T has reached a deal to sell its DirecTV holding to private equity firm TPG Capital. This key shift in a deal valued at $7.6 billion puts AT&T in the right frame as it navigates a fast-changing telecommunications and media landscape.

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