As part of the deal, AT&T, which owns a 70 percent stake in DirecTV has agreed to sell its shares to TPG, a private equity firm that owns the remaining 30 percent of the company, for $7.6 billion.
For more: DirectTV Will Buy Dish and Sling TV for $1 and a Bunch of Debt
For more: DirectTV Will Buy Dish and Sling TV for $1 and a Bunch of Debt