AT&T is in talks with private-equity firms to sell a “significant” minority stake in its pay-television businesses including DirecTV, according to a report.
A number of private equity
Telecom giant AT&T may be trying to unload struggling satellite TV provider DirecTV, but shareholders shouldn’t expect a sale anytime soon, one prominent analyst warned. AT&T has “overvalued” the “albatross” that is DirecTV, leading to skepticism that suitors circling the assets will actually reach a deal, Craig Moffett of MoffettNathanson said on Monday. Moffett said …
AT&T is in talks with private-equity firms to sell a “significant” minority stake in its pay-television businesses including DirecTV, according to a report. A number of private equity
