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Commercial REIT FrontView valued at $488 mln as shares drop in NYSE debut

UPDATE 3-Commercial REIT FrontView valued at $488 mln as shares drop in NYSE debut Adds analyst comment in paragraph 6 By Vedant Vinayak Vichare Oct 2 (Reuters) - Shares of FrontView REIT FVR.N fell 3.9% in their debut on the New York Stock Exchange on Wednesday, valuing the commercial real estate investment trust at $487.9 million. The Dallas, Texas-based company's shares opened at $18.25, below the initial public offering price of $19 apiece.
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backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say

EXCLUSIVE-EQT-backed Zayo, TPG vie for Crown Castle assets worth nearly $10 billion, sources say By Milana Vinn NEW YORK, Oct 2 (Reuters) - Fiber network owner Zayo Group and buyout firm TPG are competing to acquire the fiber and wireless assets of Crown Castle CCI.N , in a deal that could be valued at nearly $10 billion, according to people familiar with the matter.
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AT&T and Dish turn lemons to bitter lemonade

RPT-BREAKINGVIEWS-AT&T and Dish turn lemons to bitter lemonade The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 30 (Reuters Breakingviews) - When you’re stuck with a lemon, the best deal on offer is to make some bitter-tasting lemonade. Buyout shop TPG TPG.O is offering just that to AT&T T.N and media mogul Charlie Ergen.
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AT&T and Dish turn lemons to bitter lemonade

RPT-BREAKINGVIEWS-AT&T and Dish turn lemons to bitter lemonade The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 30 (Reuters Breakingviews) - When you’re stuck with a lemon, the best deal on offer is to make some bitter-tasting lemonade. Buyout shop TPG TPG.O is offering just that to AT&T T.N and media mogul Charlie Ergen.
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New York Times business news - Oct 1

PRESS DIGEST- New York Times business news - Oct 1 Oct 1(Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Verizon VZ.N said it was restoring service on Monday after thousands of users across the U.S. reported outages in major cities and across a swath of the Midwest earlier in the day.
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Column: Could 23andMe $30 million data breach settlement get derailed by mass arbitration?

Column: Could 23andMe $30 million data breach settlement get derailed by mass arbitration? The opinions expressed here are those of the author, a columnist for Reuters. By Alison Frankel Sept 30 (Reuters) - A law firm representing about 5,000 23andMe customers who demanded arbitration after hackers obtained sensitive data from the genetic testing company told a California federal judge last week that it has serious qualms about a proposed $30 million class action settlement .
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US reaches $31.5 million settlement with T-Mobile over data breaches

UPDATE 2-US reaches $31.5 million settlement with T-Mobile over data breaches Adds T-Mobile reaction in paragraph 6 By David Shepardson WASHINGTON, Sept 30 (Reuters) - T-Mobile TMUS.O has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S.
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AT&T and Dish turn lemons to bitter lemonade

BREAKINGVIEWS-AT&T and Dish turn lemons to bitter lemonade The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 30 (Reuters Breakingviews) - When you’re stuck with a lemon, the best deal on offer is to make some bitter-tasting lemonade. Buyout shop TPG TPG.O is offering just that to AT&T T.N and media mogul Charlie Ergen.
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Verizon says resolved network disruption; FCC probing co's mobile network outage for thousands of users in US

UPDATE 7-Verizon says resolved network disruption; FCC probing co's mobile network outage for thousands of users in US Rewrites throughout with company restoring service statement Network disruptions are fully restored, Verizon says Chicago and Seattle among hardest-hit cities, iPhone users stuck in 'SOS' mode Outage began at 9:30 am ET, peaked at 105,000 reports by 11:19 am ET, according to Downdetector.com By Harshita Mary Varghese, David Shepardson WASHINGTON, Sept 30 (Reuters) - Verizon has
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EchoStar falls after DirecTV to buy satellite rival Dish TV from telecom firm

BUZZ-EchoStar falls after DirecTV to buy satellite rival Dish TV from telecom firm ** Shares of telecommunications services firm EchoStar SATS.O fall 19.5% to $22.57 ** DirecTV agreed to buy EchoStar's satellite television business that includes Dish TV to create one of the nation's largest pay TV distributors with a combined 20 mln subscribers **
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DirecTV clinches long-elusive deal to combine with Dish

UPDATE 1-DirecTV clinches long-elusive deal to combine with Dish Deal creates US pay-TV distribution giant with combined 20 mln subscribers Provides EchoStar with capital as it struggles with over $20 bln in debt EchoStar shares down 18% after 9% jump on Friday Adds analyst comment in paragraph 10, shares in paragraph 11 By Milana Vinn and Dawn Chmielewski NEW YORK, Sept 30 (Reuters) - DirecTV on Monday agreed to buy EchoStar's SATS.O satellite television business that includes Dish TV, capping
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: TPG, TotalEnergies, Chevron, Pfizer Updates: Marsh McLennan, Verizon Communications Sept 30 (Reuters) - The following bids, mergers, acquisitions, and disposals were reported by 1950 GMT on Monday: ** Pfizer PFE.N intends to sell about 540 million shares in British consumer healthcare company Haleon HLN.L , a bookrunner said on Monday, reducing the top shareholder's interest in the Sensodyne maker to 16.2%.
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U.S. STOCKS CVS Health, Estee Lauder, NeuroBo Pharma

BUZZ-U.S. STOCKS ON THE MOVE-CVS Health, Estee Lauder, NeuroBo Pharma Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were flat to slightly lower on Monday as caution set in ahead of a week filled with numerous jobs reports and comments from policymakers including Federal Reserve Chair Jerome Powell.
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U.S. STOCKS China ADRs, AT&T, CVS Health

BUZZ-U.S. STOCKS ON THE MOVE-China ADRs, AT&T, CVS Health Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures were flat to slightly lower on Monday as caution set in ahead of a week filled with numerous jobs reports and comments from policymakers including Federal Reserve Chair Jerome Powell.
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AT&T up on deal to sell stake in DirecTV to TPG for $7.6 bln

BUZZ-AT&T up on deal to sell stake in DirecTV to TPG for $7.6 bln ** Shares of telecom operator. AT&T T.N up 1.6% to $22.28 premarket ** T to sell its entire 70% stake in satellite TV provider DirecTV to private equity firm TPG TPG.O ** Deal valued at $7.6 bln and is expected to close in the second half of 2025 ** Stake sale comes as a much-needed
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DirecTV clinches long-elusive deal to combine with Dish

DirecTV clinches long-elusive deal to combine with Dish By Milana Vinn and Dawn Chmielewski NEW YORK, Sept 30 (Reuters) - DirecTV on Monday agreed to buy EchoStar's SATS.O satellite television business that includes Dish TV, capping decades of on-and-off talks to create one of the nation's largest pay TV distributors with a combined 20 million subscribers.
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AT&T sells stake in DirecTV to TPG for $7.6 bln

UPDATE 1-AT&T sells stake in DirecTV to TPG for $7.6 bln Adds details from filing, TPG release Sept 30 (Reuters) - AT&T T.N said on Monday it would sell its entire 70% stake in satellite TV provider DirecTV to private equity firm TPG TPG.O for $7.6 billion, exiting a business marked by declining distributions for the telecom operator. AT&T, which acquired DirecTV in 2015, signed a joint-venture agreement with TPG in 2021, in which the private equity firm contributed about $1.8 billion in cash in
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Verizon in $3.3 bln mobile tower deal with infrastructure firm Vertical Bridge

UPDATE 5-Verizon in $3.3 bln mobile tower deal with infrastructure firm Vertical Bridge Adds background and details in paragraphs 5-6 By Jaspreet Singh Sept 30 (Reuters) - Verizon Communications will give infrastructure firm Vertical Bridge rights to lease, operate and manage thousands of mobile phone towers for $3.3 billion, it said on Monday, unlocking more cash for the U.S.
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AT&T sells 70% stake in DirecTV to TPG for $7.6 bln

AT&T sells 70% stake in DirecTV to TPG for $7.6 bln Sept 30 (Reuters) - AT&T T.N said on Monday it would sell its 70% stake in satellite TV service DirecTV to private equity firm TPG TPG.O for $7.6 billion, exiting a business marked by declining distributions for the telecom operator. AT&T in 2021 signed a joint-venture agreement with TPG, which contributed about $1.8 billion in cash in exchange for a 30% stake in DirecTV that was valued at about $16 billion at the time.
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AT&T to Sell Majority Stake in DirecTV Entertainment to TPG; Expects $7.6 Bln in Cash by 2029

BRIEF-AT&T to Sell Majority Stake in DirecTV Entertainment to TPG; Expects $7.6 Bln in Cash by 2029 Sept 30 (Reuters) - AT&T Inc T.N : AT&T TO SELL MAJORITY INTEREST IN DIRECTV ENTERTAINMENT TO TPG - FILING AT&T EXPECTS DISTRIBUTION PAYMENTS FROM DIRECTV OF ABOUT $3 BILLION IN FY 2024 - FILING AT&T EXPECTS TO RECEIVE ABOUT $7.6 BLN IN CASH VIA SALE
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