AT&T Sells Minority Stake in Its Struggling DirecTV Business
Photo: Toby Jorrin (Getty Images)It appears AT&T has found a buyer for its beleaguered DirecTV business.AT&T announced today that it will establish a new company with private equity firm TPG called New DirecTV that will oversee AT&T’s video business DirecTV, U-verse, and AT&T TV, the latter of which recently absorbed the company’s AT&T TV Now…