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The purchase price for the transaction is $1.175 billion, subject to customary working capital and other adjustments, and the proceeds were paid in cash.

Spanish soccer teams Barcelona and Real Madrid have joined forces to denounce a proposed multi-billion-dollar investment and revenue-sharing deal between LaLiga and private equity firm CVC Capital Partners.

NewQuest Capital Partners has acquired a majority interest in the company from Emerald Media, an investment platform backed by KKR.

The streaming service has invested $11 billion in video and music content last year, a 41% increase from the year prior. It ended the year with a $6.8 billion capitalized cost, indicating a 17% increase from the previous year.

AT&T has signed a definitive agreement with TPG Capital that calls for the satellite TV provider Directv to become a standalone company in which TPG would own a 30% stake.