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 ...
Some bondholders wouldn’t accept a discount, so DirecTV said it will give up its plan to buy rival Dish. Bondholders of Dish parent EchoStar rejected DirecTV’s acquisition terms for its satellite ...
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 ...
(WJET/WFXP) — After months of negotiations, DIRECTV announced that it has terminated its deal to acquire DISH DBS, the parent company of DISH, and its streaming service, Sling TV, in a multi-billion ...
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 ...
DirecTV is threatening to walk away from an acquisition of rival Dish Network for $1 and $9.75 billion in debt on Nov. 22 if the latter satellite TV giant’s bondholders don’t agree to a debt exchange.
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 ...
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 ...
Termination of pact that would have merged satellite TV operators follows Dish DBS creditors’ rejection of bond-exchange offer UPDATED, 11/22, 9:45 a.m. PT: The U.S.’s two satellite TV providers ...
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. By Lauren Hirsch A second attempt at a major media ...
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 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 ...