DirecTV intends to terminate its planned acquisition of Dish Network Corp. in 10 days if bondholders don’t agree to a debt ...
DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a ...
Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds ...
The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders ...
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
Boost Mobile, a company by Dish Network that was acquired during the T-Mobile/Sprint merger, has been continuing to grow as ...
A DirecTV spokesperson told the Post: “A successful [debt] exchange was a condition for acquiring the Dish video business.
Dish and EchoStar merged in January and the combined company has pursued a telco-oriented strategy, steering away from pay-TV in a bid to challenge establish players AT&T, Verizon and T-Mobile.
“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 ...