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.
EchoStar agreed to sell pay-TV provider Dish Network to DirecTV Monday for $1 in equity and $9.75 billion in associated ...
EchoStar's deal to sell Dish to DirecTV, which will assume $9.75 billion in debt, is akin to Dish defaulting on its debt ...
Shares of Dish Network parent EchoStar surged 11% on heavy trading volume Friday on reports of an imminent merger between ...
6don MSN
While EchoStar and DirecTV hope to complete a deal by Monday, no deal is assured, and the talks may still fall apart.
A corporate merger for only one dollar might seem impossible, but the deal to acquire Dish TV and Sling TV by DirecTV is a ...
DirecTV said on Monday that it had agreed to acquire Dish Network in a deal that would create one of the largest pay-TV ...
DirecTV and Dish Network are merging in an effort to combat their many streaming rivals. “DIRECTV operates in a highly ...
DirecTV today announced an agreement to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal ...
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