DALLAS--(BUSINESS WIRE)--Grupo Werthein and AT&T* (NYSE:T) announced today that Grupo Werthein has reached an agreement to acquire AT&T’s Vrio Corp. business unit. Grupo Werthein is a private holding ...

Vrio is preparing to launch a $609 million IPO, expected on April 19. The company is a subsidiary of AT&T, which will still own the majority of the company post-IPO. IPO proceeds will be funneled to ...