DirecTV and Dish Network, longtime satellite TV adversaries, are set to merge. DirecTV announced a deal Monday with Dish parent company EchoStar to acquire Dish in a deal valued at nearly $10 billion ...
Bloomberg reports that Dish Network bond holders are blocking the DirecTV acquisition of Dish Network. DirecTV wants to buy Dish Network for $1 and the assumption of $9.75 billion in debt. Direct TV ...
Key Points and Summary - DIRECTV’s plan to combine with Dish collapsed after Dish noteholders rejected a discounted debt swap, scuttling the latest attempt to consolidate satellite TV. -The setback ...
DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after it failed to win the consent of bondholders for a key debt exchange, all but killing a deal ...
Pay television provider DirecTV on Thursday officially announced it will terminate its agreement to acquire rival satellite company Dish Network and its streaming service Sling TV from Echostar this ...
So much for that dream. DirecTV was going to buy EchoStar (which includes Dish Network) and become the U.S.’s largest pay-TV provider, a move that would make the megacorp perhaps television’s last ...
DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said.
NEW YORK — DirecTV is walking away from plans to buy Dish Network over a failed debt-exchange offer, although some analysts expect the satellite TV providers will return to the deal table given the ...
DirecTV is pulling out of an agreement to buy its satellite rival Dish after bondholders objected to terms of the deal. DirecTV issued an announcement last night saying “it has notified EchoStar of ...
Financial discussions about a potential merger between the two declining DTH operators over North America could be on again. Indeed, those discussions have gone on for years and despite changes in ...
DirecTV has 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 ...