🧵 5. EchoStar to receive $2.5 billion for debt payment in merger with DirecTV. The move also alleviates AT&T from its 70% stake in DirecTV, now sold to TPG for $7.6 billion.
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🧵 5. EchoStar to receive $2.5 billion for debt payment in merger with DirecTV. The move also alleviates AT&T from its 70% stake in DirecTV, now sold to TPG for $7.6 billion.