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TPG Completes Acquisition of AT&T's 70% Stake in DIRECTV

1. TPG completed acquisition of remaining 70% stake in DIRECTV from AT&T. 2. DIRECTV is now fully owned by TPG, enhancing investment potential.

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FAQ

Why Bullish?

The acquisition of DIRECTV indicates a strong investment strategy, similar to past successful acquisitions which boosted TPG’s valuation.

How important is it?

The full ownership of DIRECTV positions TPG for significant strategic and financial benefits, likely to permeate into future valuations.

Why Long Term?

Acquiring DIRECTV can provide long-term revenue growth, akin to successful mergers in the media sector.

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TNFLXDIS
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--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 the completion of this transaction, DIRECTV is now a wholly owned portfolio company of TPG Capital, the firm's U.S. and European private equity platform. This transaction strengthens TPG's existing partnership with DIRECTV and extends TPG's succ.

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