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 ...
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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 ...
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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 ...
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 ...
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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 ...
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 ...
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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 ...
EchoStar: Brilliant Maneuver Means Company Gets Paid With Or Without Merger Deal
EchoStar's transaction with DIRECTV to sell DISH TV may not move forward due to bondholder objections. Explore more details ...