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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 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 that included a payment of $1, plus the assumption of approximately
DirecTV says it is ending its acquisition bid to take over Dish
This is the second time a deal has been stopped. The two almost merged more than two decades ago, but the Federal Communications Commission blocked that first deal.
DirecTV Ditches Dish Deal
The U.S.’s two satellite TV providers aren’t getting hitched anymore, at least anytime soon. DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network.
DirecTV calls off Dish deal
DirecTV has called off its planned acquisition of Dish Network after failing to win over bondholders. The deal would have created one of the nation's large
2d
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 ...
12d
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 ...
2d
DirecTV to call off Dish takeover after bondholders balk
DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after bondholders ...
1d
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 ...
2d
DirecTV terminates Dish deal over failed debt swap
U.S. satellite TV provider DirecTV said on Thursday it had terminated its agreement to acquire Echostar's satellite ...
bovnews
1d
Why Did EchoStar Corp (SATS) Stock See 15.19% Surge in the Last 90 Days?
On Friday, EchoStar Corp (SATS) stock saw a decline, ending the day at $22.9 which represents a decrease of $-0.67 or -2.84% from the prior close of $23.57. The stock opened at $22 and touched a low ...
12d
on MSN
EchoStar Posts Loss of Dish, Gain of Sling TV Subs in Third Quarter, Raises $5.2B in Fresh Capital
The telecom giant, led by CEO Hamid Akhavan and executive chairman Charlie Ergen, has agreed to be acquired by DirecTV to ...
2d
EchoStar falls 5% to $22.41 after DIRECTV ends deal to buy Dish
EST EchoStar (SATS) falls 5% to $22.41 after DIRECTV ends deal to buy DishDon't Miss our Black Friday Offers:Unlock your investing ...
12d
on MSN
EchoStar Sheds 43,000 Pay TV Subscribers, Adds 145,000 Sling TV Subscriptions in Q3
As cord-cutting continues to ravage the linear TV business, EchoStar shed a total of 43,000 pay TV subscribers during its ...
2d
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
DIRECTV Announces Termination of Agreement to Acquire EchoStar's Video Distribution Business
DIRECTV (the "Company") today announced that it has notified EchoStar of its election to terminate, effective as of 11:59 p.m ...
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