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DirecTV Cancels Merger With Dish
Oh! DirecTV and Dish won't merge after all
The whole reason Dish was pursuing a sale is because the company is utterly riddled with debt; DirecTV was going to buy Dish for $1 and assume its debt of $9.75 billion. Presumably, everyone knew those figures going in,
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 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.
2d
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.
2d
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.
MarketWatch
2d
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 ...
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