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AT&T reports filing for possible IPO of DIRECTV Latin America minority stake

As expected, AT&T Inc. reported a registration statement with the SEC for a potential initial public offering of a minority stake in the class A common stock of Vrio Corp., a holding company for its Latin American digital entertainment services unit DIRECTV Latin America.

Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC will act as the joint book-running managers for the IPO, the company said March 7.