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 ...
Satellite TV giant DirecTV called off its deal with Charlie Ergen’s EchoStar to acquire rival Dish TV and other assets. The deal would have created one of the largest pay TV distributors in the ...
DirecTV says it is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange offer from the satellite TV provider.
For years, a merger between satellite TV companies DirectTV and Dish has seemed likely and even inevitable, creating a massive US pay-TV provider that could compete in the digital age. Nothing is ...
The telecom giant, led by CEO Hamid Akhavan and executive chairman Charlie Ergen, has agreed to be acquired by DirecTV to firm a new pay-TV giant. By Georg Szalai Global Business Editor EchoStar, ...
DirecTV announced this week that it is cancelling its merger with Dish due to concerns over a debt swap by bond holders. The agreement hinged on Dish bondholders accepting a debt swap, which would ...
Nov 21 (Reuters) - U.S. satellite TV provider DirecTV said on Thursday it had terminated its agreement to acquire Echostar's (SATS.O), opens new tab satellite television business, which includes rival ...
ENGLEWOOD, Colo., —EchoStar, which hopes to sell its pay TV operations to DirecTV, continued to hemorrhage subscribers in its third-quarter earnings report, with its Dish TV satellite-TV service ...
The mega-transaction would have created the largest U.S. TV provider. By Georg Szalai, Alex Weprin Satellite TV giant DirecTV said it was abandoning a deal with Charlie Ergen’s EchoStar to acquire ...
DIRECTV is terminating its agreement to acquire EchoStar’s video distribution business, which includes the DISH satellite TV platform. DIRECTV announced the deal to acquire DISH in September, bringing ...
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