AT&T climbs amid reports it's looking to part ways with DirecTV

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AT&T climbs amid reports it's looking to part ways with DirecTV
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The report comes after activist hedge fund Elliott Management said AT&T should consider selling assets like DirecTV.

AT&T's stock price climbed on Thursday following a report it's exploring a parting of ways with DirecTV, the satellite provider it purchased for $49 billion in 2015. The telecommunications giant is considering spinning off DirecTV into a separate public company. It's also weighing the option of combining its assets with Dish Network, according to the Wall Street Journal. The report comes less than two weeks after activist hedge fund Elliott Management disclosed a $3.

AT&T's stock price climbed on Thursday following a report it's exploring a parting of ways with DirecTV, the satellite provider it purchased for $49 billion in 2015. The telecommunications giant is considering spinning off DirecTV into a separate public company. It's also weighing the option of combining its assets with Dish Network, according to the Wall Street Journal. The report comes less than two weeks after activist hedge fund Elliott Management disclosed a $3.

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