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.
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 cancels agreement to merge with Dish
US satellite TV provider DirecTV has terminated its agreement to acquire Echostar’s satellite television business, which includes rival Dish TV.
DirecTV-Dish Merger In Jeopardy: Here's The Issue
Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds
DirecTV ditches Dish deal over failed debt offer
DirecTV added that the termination of its Dish acquisition doesn't impact AT&T's sale of its remaining stake in DirecTV to private equity company TPG for $7.6 billion. That particular deal will see TPG acquire AT&T's 70 percent stake in DirecTV. DirecTV expects the deal to close in the second half of 2025.
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.
DirecTV calls off acquisition of rival Dish, possibly ending years-long pursuit
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bondholders at that company.
DirecTV to acquire Dish Network in major satellite merger
Satellite TV provider DirecTV is acquiring their longtime rival—Dish Network—in a deal valued at nearly $10 billion.
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.
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.
DirecTV Cancels Merger With Dish Over Debt Swap
DirecTV's withdrawal appears to mark the end of its years-long pursuit to acquire both Dish and Sling, following its initial bid in September.
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