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DirecTV, Dish Network
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 to consent to a key debt exchange, all but killing a deal to create the largest US pay-TV service.
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 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
on MSN
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 ...
Yahoo
2d
DirecTV Scraps Merger With Rival Dish
In September, DirecTV agreed to buy
Dish
from
EchoStar
for a nominal $1, plus the assumption of debt. - Kyle ...
2d
Dish deal collapse would torch massive windfalls
A satellite deal is now lost in space. DirecTV ended plans to buy its pay-TV rival after controlling shareholder Charlie ...
2d
on MSN
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 ...
1h
Stocks to Watch Monday: EchoStar, Peabody, UniCredit, MicroStrategy
Anglo American (UK:AAL), (NGLOY) signed a deal to sell its remaining steelmaking-coal assets to the U.S. coal miner for up to ...
3d
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 ...
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.
12d
on MSN
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 ...
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