Churchill Capital eyes DirecTV

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A special acquisition business, Churchill Capital, is amongst a growing number of companies looking at AT&T’s pay-TV assets.

Churchill Capital raised $2.07 billion in July and there are numerous reports that they are interested in making a bid for certain AT&T assets.

Also with an interest in the proceedings is Apollo Global Management is said to be continuing discussions with AT&T, specifically targeting DirecTV’s portion of the business.

Churchill is backed by former Citigroup executive (Chairman/CEO) Michael Klein.


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