DirecTV Says ‘Monitoring’ Argentine Unit Involved in FIFA Probe

DirecTV spokeswoman Cara Brugnoli comments in e-mail in response to questions on ownership of stake in Argentine company Torneos y Competencias SA, named in FIFA investigation.

  • "DIRECTV owns a minority equity position in the company and we are currently monitoring the situation," Brugnoli wrote
  • TyC CEO Alejandro Burzaco was named in probe by U.S. Justice Department on Wednesday
  • NOTE: DirecTV acquired a stake in TyC in 2008, its head of Latin America Bruce Churchill said in a 2009 conference call
  • NOTE: DirecTV’s stake in TyC was 40% as of 2010

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