The proposed deal, initially announced in September, was seen as a strategic consolidation in a shrinking pay-TV market.
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.
EchoStar stock plunged on the news that bondholders of Dish Network rejected a proposed debt deal seen as key to sealing a ...
The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders ...