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DirecTV says it will walk away from Dish deal
DirecTV says it will walk away from Dish deal after bondholders’ rejection
DirecTV said it will abandon a plan to buy its satellite television rival after some bondholders refused to accept a steep discount on Dish parent EchoStar’s debt.
DirecTV-Dish deal drama could impact 18 million customers
Related: What DirecTV, Dish Network merger means for current customers In other news, time is running out for the 8 million people who still use DISH TV and Sling TV as their video services. A deal that would have sold both units owned by EchoStar to satellite TV provider DirecTV could be ditched.
Telecom M&A: DirecTV-Dish Deal In Peril. Charter To Buy Liberty Broadband.
Satellite TV broadcaster DirecTV has threatened to pull its offer to buy Dish TV if a debt-exchange offer is not completed.
DirecTV threatens to call off Dish Network deal
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why a huge TV merger is in trouble.
2d
on MSN
DirecTV may pull the plug on purchase of Colorado-based Dish Network
DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a ...
5d
on MSN
EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
Mobile World Live
5d
EchoStar locks in $5.2B to pay off debt
EchoStar president and CEO Hamid Akhavan stated on a Q3 earnings call his company will be able to paying off maturing debt in ...
6d
on MSN
EchoStar Posts Loss of Dish, Gain of Sling TV Subs in Third Quarter, Raises $5.2B in Fresh Capital
The telecom giant, led by CEO Hamid Akhavan and executive chairman Charlie Ergen, has agreed to be acquired by DirecTV to ...
4d
DirecTV Threatens to Walk Away From Dish Acquisition Over Debt Exchange Dispute
The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders ...
5d
DirecTV Plans to Cancel Dish Deal Unless Debt Swap Resolved
DirecTV intends to terminate its planned acquisition of Dish Network Corp. in 10 days if bondholders don’t agree to a debt ...
The Victoria Advocate
1d
DirecTV may pull plug on purchase of Dish Network
On Sept. 30, DirecTV announced it would pay $1 and assume $9.75 billion in
Echostar
debt to acquire the
Dish
Network
.
5d
on MSN
EchoStar Sheds 43,000 Pay TV Subscribers, Adds 145,000 Sling TV Subscriptions in Q3
The Dish parent has entered into an agreement to sell the satellite TV giant to rival DirecTV in a deal for $1 and $9.75 ...
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