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 ...
New York (CNN) — 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 ...
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 ...
DirecTV is buying the Dish Network and Sling TV, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant. DirecTV said ...
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 ...
So much for that dream. DirecTV was going to buy EchoStar (which includes Dish Network) and become the U.S.’s largest pay-TV provider, a move that would make the megacorp perhaps television’s last ...
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 ...
The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders. By Lauren Hirsch A second attempt at a major media ...
DirecTV is pulling out of an agreement to buy its satellite rival Dish after bondholders objected to terms of the deal. DirecTV issued an announcement last night saying “it has notified EchoStar of ...
DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company. The deal was reliant on Dish bond holders agreeing to trade in the debt they ...