DirecTV ditches Dish deal over failed debt offer
DirecTV added that the termination of its Dish acquisition doesn't impact AT&T's sale of its remaining stake in DirecTV to private equity company TPG for $7.6 billion. That particular deal will see TPG acquire AT&T's 70 percent stake in DirecTV. DirecTV expects the deal to close in the second half of 2025.
US satellite TV provider DirecTV has terminated its agreement to acquire Echostar’s satellite television business, which includes rival Dish TV.
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DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bondholders at that company.
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