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DirecTV, Dish Network
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 as key to sealing a merger with satellite rival DirecTV. Shares fell to $22.
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 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
Dish creditors reject bond exchange, raising questions about DirecTV acquisition
A group of creditors associated with Echostar's pay television service Dish Network have rejected a bond exchange offer from the company. This article, Dish creditors reject bond exchange, raising questions about DirecTV acquisition,
DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails
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.
Dish Lenders Reject DirecTV Debt Deal on Eve of Deadline
Dish Network Corp. creditors have rejected the US satellite-television provider’s bond-exchange offer on the eve of a deadline for a debt deal that is key to the company’s proposed acquisition by rival DirecTV.
Mobile World Live
2d
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 ...
The Desk on MSN
2d
DirecTV says meger agreement with Dish Network could fall apart
DirecTV says it will walk away from its merger agreement with Dish Network on November 22 if the company remains unable to ...
2d
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 ...
TV Technology
21h
DirecTV Drops EchoStar Merger Bid
A DirecTV spokesperson told the Post: “A successful [debt] exchange was a condition for acquiring the Dish video business.
2d
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 ...
1d
on MSN
DirecTV scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS ...
TheStreet.com on MSN
1d
DirecTV-Dish deal drama could impact 18 million 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 ...
2d
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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