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Dish, DirecTV
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 Merger With Rival Dish
A tie-up meant to help struggling satellite-TV companies fell apart after creditors balked at a proposal to cut into their holdings.
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 ...
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 ...
24m
Stocks to Watch Monday: EchoStar, Peabody, UniCredit
Anglo American (UK:AAL), (NGLOY) [signed a deal]( ...
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 Abandons Dish Acquisition After Bondholders Reject Proposal
DirecTV has terminated its deal with EchoStar to acquire Dish DBS following bondholders' opposition to the debt-exchange proposal.
Business Insider
3d
DIRECTV terminates acquisition of EchoStar’s Dish
pursuant to which it had agreed to acquire
EchoStar
’s video distribution business,
Dish
. The termination of the agreement follows
Dish
noteholders’ failure to agree to the proposed exchange debt ...
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 ...
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