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 said it plans to abandon its Dish merger
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt exchange.
Dish Bondholders Reject Debt Swap for Ergen’s DirecTV Merger
A debt exchange key to DirecTV’s plans to merge with Dish is expected to fall short ahead of Tuesday deadline.
DirecTV says it will walk away from Dish deal after bondholders’ rejection
DirecTV said it will abandon a plan to buy its satellite television rival after some bondholders refused to accept a steep discount on Dish parent EchoStar’s debt.
DirecTV says Dish purchase is off
DirecTV’s proposed acquisition of Dish assets is most likely dead after a group of bondholders rejected a revised offer.
DirecTV threatens to call off Dish Network deal
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why a huge TV merger is in trouble.
DIRECTV to walk away from DISH merger talks if bondholders aren't swayed soon
The two satellite companies would form the largest pay-TV company in the United States if they merged, but DIRECTV is losing patience. Time appears to be running out for a combination of DISH and DIRECTV.
Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.
Citigroup Chief Executive Jane Fraser That’s Citigroup Inc.’s Chief Executive Jane Fraser, who is adding her voice to ...
EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
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Merger Trading Will Get Easier
I guess there are two ways of thinking about merger arbitrage as a hedge fund strategy. One is: “Merger arbitrage is a ...
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Spirit Airlines to file for bankruptcy after merger talks break down
The move comes after merger talks with Frontier Airlines broke down, leading the budget airline to seek other alternatives ...
Spirit Airlines Stock Sinks on Report Frontier Merger Talks Break Down
KEY TAKEWAYS Spirit Airlines shares are plunging more than 60% in premarket trading on a report that the budget carrier is ...
Spirit Airlines planning to file for bankruptcy, stock plummets after merger collapse
Spirit Airlines is reportedly planning to file for bankruptcy following the collapse of a proposed merger with Frontier ...
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Cybereason and Trustwave Announce Merger
Endpoint Detection and Response (EDR) firm Cybereason and managed security services provider (MSSP) Trustwave announced plans to merge.
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Open Announces Merger of RSS3, RSSHub, and Key Initiatives, Marking a New Open Web Era
With further developments on the horizon, Open is backed by partnerships within the industry, strengthening its ability to ...
Recursion and Exscientia Merger Approved by Shareholders
Exscientia Plc (EXAI) has released an update. Shareholders of Recursion and Exscientia have overwhelmingly approved a merger, expected to be ...
Spirit Airlines shares plunge on bankruptcy speculation
Spirit Airlines’ shares plunged more than 50% in early trading Wednesday, following a report that it is preparing to file bankruptcy — and the company’s announcement that it won’t report quarterly ...