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DirecTV/Dish merger has a problem as debt holders object to $1.6 billion loss
DirecTV agreed to buy the Dish satellite TV and Sling TV business for a nominal fee of $1, in exchange for taking on $9.75 billion of Dish debt. But DirecTV's deal announcement on Monday said the merger needs approval from Dish debt holders, who would see their investments devalued.
DirecTV And Dish Merger Could Create The Largest Pay-TV Distributor
In this era of cord cutting the announced merger of DirecTV with Dish/Sling would result in 18 million subscribers, making it the largest pay-TV distributor
DirecTV to Acquire Dish and Sling TV, Creating Largest U.S. TV Provider
The merger of EchoStar's video businesses and DirecTV will also coincide with TPG agreeing to buy out the 70 percent of DirecTV that it does not own from AT&T.
DirecTV CEO Sees a Future Beyond Satellites in Big Pay-TV Merger
DirecTV’s proposed takeover of rival Dish is an admission that the satellite-TV business is fading. Chief Executive Officer Bill Morrow has big ideas about what could come next.
Hosted on MSN
3d
Starlink May Have Another Cellular Satellite Rival: Hughesnet Parent EchoStar
After selling its Dish TV business, EchoStar wants to focus more on cellular service through its Boost Mobile brand, ...
5d
on MSN
EchoStar to sell Dish to DirecTV, combining major pay-TV providers
EchoStar CEO Hamid Akhavan appeared on CNBC's "Squawk on the Street" on Monday after the company sold its video distribution ...
5d
Colorado-based EchoStar cuts Dish Network and Sling loose so Boost Mobile can move forward
Long-time rival DirecTV on Monday said it will pay $1 and assume $9.7 billion in EchoStar debt to acquire Dish Network and ...
5d
Why EchoStar Stock Crashed 18% Today
Investors are unimpressed. EchoStar stock fell 18.5% through 10:15 a.m. ET on the news.
4d
EchoStar Gets Some Much-Needed Breathing Room, But Little Else
EchoStar's sale of its video distribution business to DIRECTV for $1 leaves it with fewer cash-generating assets. Read why ...
4d
Dish sale funds EchoStar in near term to develop business: CEO
EchoStar (SATS) announced it will sell its video distribution business, including Dish and Sling, to DirecTV for a nominal ...
5d
DirecTV agrees to buy satellite rival Dish (and its debt) for one dollar
DirecTV today announced an agreement to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal ...
Advanced Television
10d
EchoStar fails to find extra cash
EchoStar, the Charlie Ergen-backed business that owns the Dish US pay-TV operator, says that negotiations which have taken ...
bovnews
2d
EchoStar Corp (SATS) Stock Price Reaches $24.36: What Factors Are Influencing This Level?
On Wednesday, EchoStar Corp (SATS) stock saw a modest uptick, ending the day at $24.36 which represents a slight increase of $0.27 or 1.12% from the prior close of $24.09. The stock opened at $24 and ...
3d
Dish’s Debt-Exchange Sale to DirecTV Is ‘Tantamount to a Default,’ Credit-Rating Agency Says
EchoStar's deal to sell Dish to DirecTV, which will assume $9.75 billion in debt, is akin to Dish defaulting on its debt ...
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