Bloomberg reports that Dish Network bond holders are blocking the DirecTV acquisition of Dish Network. DirecTV wants to buy Dish Network for $1 and the assumption of $9.75 billion in debt. Direct TV ...
EchoStar‘s proposed deal to sell Dish Network to DirecTV — for $1 cash and the assumption of $9.75 billion in debt — is akin to Dish defaulting on its debt securities, according to credit-rating ...
DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after it failed to win the consent of bondholders for a key debt exchange, all but killing a deal ...
DirecTV announced Monday it’s buying rival Dish Network, ending multiple decades of on-and-off talks about the satellite services merging. The companies have struggled to retain subscribers in the ...
Satellite TV provider DirecTV has agreed to buy longtime competitor Dish Network, throwing a lifeline to the troubled Colorado-based broadcaster that helped pioneer the industry. The proposed ...
Getting your Trinity Audio player ready... Faced with a choice between investing more in its new wireless business, which needs additional capital and time to catch on with consumers, or holding onto ...
Charter and Comcast have battled for the right to call themselves "America's top cable provider." Now, neither is close. The two sat-TV companies are merging to become America’s biggest MVPD ...
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen as key to sealing a merger with satellite rival DirecTV. Shares fell to ...
DirecTV is acquiring satellite rival Dish Network, creating by far the largest U.S. pay-TV operator. The two satellite companies, which have struggled in recent years due to cord-cutting and their ...
DirecTV and Dish Network, longtime satellite TV adversaries, are set to merge. DirecTV announced a deal Monday with Dish parent company EchoStar to acquire Dish in a deal valued at nearly $10 billion ...