AT&T is in talks with a number of private equity firms, including Apollo Group, about buying its DirecTV satellite business, according to The Wall Street Journal. The company has been under pressure to sell the declining satellite business for some time. Last year, activist investor Elliott Management pushed for such a move. Now, as the telecom giant looks to reduce its debt and stem losses...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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