The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders ...
DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a ...
The two satellite companies would form the largest pay-TV company in the United States if they merged, but DIRECTV is losing ...
Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds ...
DirecTV intends to terminate its planned acquisition of Dish Network Corp. in 10 days if bondholders don’t agree to a debt ...
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS ...
A DirecTV spokesperson told the Post: “A successful [debt] exchange was a condition for acquiring the Dish video business.
“Given the outcome of the EchoStar (SATS) exchange, DirecTV will have no choice but to terminate the acquisition of Dish by midnight on Nov. 22.” AT&T (T) previously announced an agreement to sell its ...
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 ...
EchoStar stock plunged on the news that bondholders of Dish Network rejected a proposed debt deal seen as key to sealing a merger with DirecTV.
The Dish parent has entered into an agreement to sell the satellite TV giant to rival DirecTV in a deal for $1 and $9.75 ...
“A successful exchange was a condition for acquiring the Dish video business,” DirecTV said in a statement ... so it isn’t as dependent on the AT&T and T-Mobile cellular networks.