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DirecTV, Dish and EchoStar
EchoStar Shares Fall With Dish-DirecTV Merger Prospects Dim
DirecTV notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after bondholders failed to consent to a key debt exchange, all but killing a deal to create the largest US pay-TV service.
EchoStar’s Planned Sale to DIRECTV Falls Through
Echostar ( (SATS) ) just unveiled an update. EchoStar Corporation’s planned sale of its Pay-TV business to DIRECTV has been called off after DIRECTV terminated the agreement due to unmet conditions. The acquisition,
DirecTV Scraps Merger With Rival Dish
A tie-up meant to help struggling satellite-TV companies is falling apart after creditors balked at a proposal to cut into their holdings.
3d
on MSN
DirecTV calls off acquisition of satellite TV rival Dish — as lenders revolt
Satellite TV giant DirecTV called off its deal with Charlie Ergen’s EchoStar to acquire rival Dish TV and other assets. The ...
3d
DirecTV terminates Dish deal over failed debt swap
The proposed deal, initially announced in September, was seen as a strategic consolidation in a shrinking pay-TV market.
13d
on MSN
EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged on the news that bondholders of Dish Network rejected a proposed debt deal seen as key to sealing a ...
4d
on MSN
DirecTV Abandons Deal to Acquire Dish Amid Bondholder Opposition
DirecTV had forecast that the combination could generate cost synergies of at least $1 billion per year. The deal was seen as ...
3d
on MSN
DirecTV calls off acquisition of Colorado-based rival Dish, possibly ending years-long pursuit
DirecTV was looking to acquire Dish TV and Sling TV from its owner, Englewood-based EchoStar, in a debt exchange transaction ...
3d
DirecTV scraps EchoStar deal over bondholder debt concerns
DirecTV has terminated its proposed acquisition of EchoStar Corporation (SATS), including DishTV and Sling TV, after ...
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