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Apollo pitches deal to save AT&T's DIRECTV
10/10/2019

Apollo Global Management has proposed a deal to AT&T that would see both DISH Network and DIRECTV becoming parts of a new organization, with AT&T retaining control and Apollo providing financial backing in exchange for a minority stake in the equity. Representatives for AT&T confirmed that Apollo had made the offer but say the two companies are not in active negotiations at the moment.

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