DirecTV says it is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange offer from the satellite TV provider.
DirecTV is abandoning its acquisition of Dish assets after a group of bondholders refused to accept the terms of a proposed debt offer, a DirecTV spokesperson said. "A successful exchange was a ...
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 ...
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 ...
DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after bondholders failed to consent to a key debt exchange, all but killing a deal to create the ...
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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 ...
Some bondholders wouldn’t accept a discount, so DirecTV said it will give up its plan to buy rival Dish. Bondholders of Dish parent EchoStar rejected DirecTV’s acquisition terms for its satellite ...
DirecTV dropped its $1 deal to buy Dish after bondholders rejected it. DirecTV dropped its $1 deal to buy Dish after bondholders rejected it. is a news writer who covers the streaming wars, consumer ...
There was a time when I was knee-deep in the direct broadcast satellite (DBS) business. I was a young business development person working at the Nielsen Company back in 2002 when DBS was challenging ...
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 comes ...
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 ...
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