AT&T acquired DirecTV in 2015 for $49 billion, plus agreed to pay $18 billion more of their debts. As pay TV services shed subscribers in recent years, a deal today could value the division at $20 billion – or well less than half of its original price – Wall Street Journal. Here’s my take!

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WarnerMedia Parent AT&T Looks To Shed Stake In DirecTV – Report
https://deadline.com/2020/08/warnermedia-parent-att-shed-stak-directv-report-1203026272/