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entertainment media/telecom

AT&T in Talks to Sell Big Stake of Pay TV Operations to Private Equity

By
Jessica Toonkel
· · Source: CNBC

AT&T is in talks to sell a significant minority stake in all its pay TV business— DirecTV, U-Verse and AT&T TV Now units, according to CNBC . The telecommunications giant has been looking to offload the satellite TV business but this latest report suggests it has changed tack to improve its odds of getting a deal done. The report says AT&T is talking to a number of private equity...

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