The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders ...
DirecTV said it will abandon a plan to buy its satellite television rival after some bondholders refused to accept a steep ...
Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds ...
Further progress could be made if Dish and co-founder and Chairman Charlie Ergen were to come to the negotiating table, ...
As September came to a close, official word that DirecTV had agreed to acquire EchoStar’s video distribution business, ...
EchoStar stock plunged on the news that bondholders of Dish Network rejected a proposed debt deal seen as key to sealing a merger with DirecTV.
A DirecTV spokesperson told the Post: “A successful [debt] exchange was a condition for acquiring the Dish video business.
“Given the outcome of the EchoStar (SATS) exchange, DirecTV will have no choice but to terminate the acquisition of Dish by midnight on Nov. 22.” AT&T (T) previously announced an agreement to sell its ...
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 ...
Dish Network Corp. creditors have rejected the US satellite-television provider’s bond-exchange offer on the eve of a ...
DirecTV, which will soon be wholly owned by private equity firm TPG, would have assumed roughly $10 billion worth of Dish debt and paid a nominal $1 to acquire Dish DBS, which includes both Dish ...
DirecTV's proposed acquisition of Dish assets is more than likely dead after a group of bondholders rejected a revised offer. The deal could possibly be salvaged if Dish Chairman Charlie Ergen ...