DirecTV agrees to buy satellite rival Dish (and its debt) for one dollar
DirecTV today announced an agreement to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal fee of $1 in what the companies called a debt exchange transaction. DirecTV will take on $9.75 billion of Dish debt if the deal is completed.
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The DirecTV and Dish merger is subject to regulatory approval and serves as a lifeline for EchoStar, which has no means to ...
EchoStar agreed a deal to sell its struggling satellite video distribution division for $1 to DirecTV to pay off some of its ...
Investors are unimpressed. EchoStar stock fell 18.5% through 10:15 a.m. ET on the news.
EchoStar Corp (NASDAQ:SATS) shares are trading lower. The company on Monday announced that DirecTV will acquire its video ...
Under the deal, DirecTV will pay Dish's owner, EchoStar, just $1 for Dish in exchange for assuming its billions of dollars in ...
DirecTV is buying Dish and Sling for $1 and the assumption of nearly $10 billion in debt, marking one of the biggest pay-TV ...
AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication ...
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DirecTV announces pending acquisition of Dish video businessThe purchase includes the flagship satellite service Dish Network and streaming product Sling TV. This article, DirecTV ...
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