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 scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange.
DirecTV said it plans to abandon its Dish merger
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 exchange.
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 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 agreeing to a debt exchange
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.
DIRECTV to walk away from DISH merger talks if bondholders aren't swayed soon
The two satellite companies would form the largest pay-TV company in the United States if they merged, but DIRECTV is losing patience. Time appears to be running out for a combination of DISH and DIRECTV.
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DirecTV Drops EchoStar Merger Bid
A DirecTV spokesperson told the Post: “A successful [debt] exchange was a condition for acquiring the Dish video business.
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Raymond James Just Downgraded EchoStar Corp (SATS) Stock—What Does This Mean for Investors?
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EchoStar Co. (NASDAQ:SATS) Shares Sold by Amalgamated Bank
Amalgamated Bank decreased its stake in EchoStar Co. (NASDAQ:SATS – Free Report) by 3.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 35,651 shares of the ...
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 ...
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EchoStar locks in $5.2B to pay off debt
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EchoStar secures $5.2bn in capital to invest in 5G Open RAN rollout, but faces challenge over DirecTV sale
EchoStar Corporation announced this week that it has secured ... a group of Dish bondholders have this week rejected a proposed debt-exchange offer from DirecTV. The proposed $1 sale to DirecTV, ...
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Is EchoStar set to ditch Broadcom’s VMware?
EchoStar’s Boost Mobile division is set to ditch a platform vendor in a move that could put its open-network architecture to ...
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Echostar’s DIRECTV Deal Faces Uncertainties Amid Regulatory Hurdles
Overall, Wall Street has a Hold consensus rating on SATS stock based on 2 Buys, 1 Sell and 2 Holds. To learn more about Echostar’s risk factors, click here. Trending Articles EchoStar NewsMORE ...