The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders ...
Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds ...
A failure to sell Dish would complicate EchoStar’s plans to pour more capital into the development of its 5G network, which ...
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.
DirecTV says it will walk away from its merger agreement with Dish Network on November 22 if the company remains unable to ...
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 ...
The listed firm said it invested some $8.6 billion during the third quarter, up from the previous quarter.
“Given the outcome of the EchoStar (SATS) exchange, DirecTV will have no choice but to terminate the acquisition of Dish by midnight on Nov. 22.” AT&T (T) previously announced an agreement to sell its ...
A DirecTV spokesperson told the Post: “A successful [debt] exchange was a condition for acquiring the Dish video business.
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 ...
DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a ...