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TPG, an alternative asset management firm, has announced the completion of its acquisition from AT&T of the remaining 70 per ...
DirecTV announced a deal to acquire EchoStar's Dish and Sling TV for $1 plus assumption of nearly $10 billion in debt.
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction.
The termination of the deal doesn’t impact TPG’s acquisition of the remaining 70% stake in DirecTV from AT&T for about $7.6 billion, which is expected to close next year.
Founded in San Francisco in 1992, TPG has $229 billion of assets under management TPG has agreed to acquire the remaining 70 percent stake in DirecTV from AT&T that it does not already own.
If the Dish-DirecTV merger goes through, the combined company will be fully controlled by TPG, which will acquire AT&T’s remaining 70% stake in DirecTV in a separate deal expected to close in ...
The termination of the deal doesn’t impact TPG’s acquisition of the remaining 70% stake in DirecTV from AT&T for about $7.6 billion, which is expected to close next year.
As part of the deal, DirecTV, private equity firm TPG Angelo Gordon and certain co-investors provided $2.5 billion in financing so Dish could meet its debt maturity in November.
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company. The deal was reliant on Dish bond holders agreeing to trade in the debt ...
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