AT&T Sells DirecTV Stake to TPG
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•AT&T sells remaining stake in DirecTV for $7.6 billion as it bows out of entertainment
86% Informative
AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion .
The deal, announced Monday , comes more than a decade after the telecom giant's acquisition of satellite-TV provider Direc TV .
DireCTV says it is acquiring Dish from EchoStar , a deal that also includes Sling TV , for $ 1 .
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