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DirecTV, Dish Network and EchoStar
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,
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 merger with DirecTV.
Yahoo
3d
DirecTV Scraps Merger With Rival Dish
DirecTV agreed to buy
Dish
from
EchoStar
for a nominal $1, plus the assumption of debt. - Kyle Grillot/Bloomberg
News
...
3d
on MSN
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.
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