Now DirecTV has decided to terminate the deal, after failing to reach an agreement on the details of how to handle existing debt. Bullitt has announced the first Android phones that will include ...
By Georg Szalai, Alex Weprin Satellite TV giant DirecTV said it was abandoning a deal with Charlie Ergen’s EchoStar to acquire video distribution business Dish DBS, including Dish TV and Sling ...
DirecTV has called off its planned acquisition of Dish Network after failing to win over bondholders. The deal would have created one of the nation's largest pay TV distributors with a combined 20 ...
DirecTV said the deal termination would be effective Friday. Echostar did not immediately respond to a Reuters request for comment on the termination. The proposed deal, initially announced in ...
DirecTV is canceling its deal to buy satellite TV rival Dish Network after Dish bondholders refused to take part in a debt exchange that was key to the acquisition. DirecTV is canceling its deal ...
DirecTV, which warned this month it would terminate the deal by midnight Friday without an agreement on the debt, said it had given EchoStar formal notice. Dish hadn’t initiated fresh ...
DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said.
DirecTV plans to abandon its planned purchase of Dish Network Corp. in 10 days if bondholders don't agree on a debt exchange. “A successful exchange was a condition for acquiring the Dish video ...
DIRECTV said the deal, set to take effect at 11:59 p.m. EST, was derailed by DISH DBS note holder's failure to agree to the deal's exchange debt offer terms. Advertisement The debt swap attempt ...
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 ...