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DirecTV Cancels Merger With Dish
Market Rewards Dish Bondholders’ Resistance to Ergen’s DirecTV Merger
Bondholders signed a cooperation agreement to act as a unified group and filed litigation against Dish’s recent asset transfers.
DirecTV and Dish’s on-and-off merger saga switches back to off
While we believed a combination of DIRECTV and DISH would have benefitted all stakeholders, we have terminated the transaction because the proposed Exchange Terms were necessar
DirecTV Calls Off Plans to Acquire Dish Network
The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders.
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 deal would have created one of the largest pay TV distributors in
DirecTV Ditches Dish Deal
DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said.
DirecTV announces termination of deal to buy Dish satellite business
In the deal announced on September 30, DirecTV was going to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal fee of $1. DirecTV would have taken on $9.75 billion of Dish debt if the transaction moved ahead. The deal did not include the Dish Network cellular business.
DirecTV scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange.
DirecTV Scraps Dish Acquisition as Bondholders Push Back on Satellite-TV Merger
DirecTV said it has scrapped its acquisition of Dish Network, after decades of failed attempts at mergers by the two satellite rivals.
DirecTV cancels agreement to merge with Dish
US satellite TV provider DirecTV has terminated its agreement to acquire Echostar’s satellite television business, which includes rival Dish TV.
DirecTV calls off acquisition of rival Dish, possibly ending years-long pursuit
DirecTV
is calling off its planned acquisition of rival Dish Network after the offer was rejected by bondholders at that company. The deal was reliant on Dish bondholders agreeing to trade in the debt they held for debt in the new company, a swap that ...
DirecTV to acquire Dish Network in major satellite merger
Satellite TV provider DirecTV is acquiring their longtime rival—Dish Network—in a deal valued at nearly $10 billion.
4d
on MSN
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.
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.
3d
on MSN
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 ...
Advanced Television
22h
Fremantle FAST channels on MyFree DirecTV
Fremantle has announced that it will bring a FAST channel line-up featuring their television content to DirecTV’s new curated ...
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