DirecTV to Drop Dish Acquisition Plan if EchoStar Debt-Exchange Offer Fails (Reuters) - Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's ...
DIRECTV announced that it has notified EchoStar (SATS) of its election to terminate the equity purchase agreement (EPA) pursuant to which it had agreed to acquire EchoStar’s video distribution ...
The whole reason Dish was pursuing a sale is because the company is utterly riddled with debt; DirecTV was going to buy Dish for $1 and assume its debt of $9.75 billion. Presumably, everyone knew ...
(Reuters) - Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's satellite television business that includes Dish TV by Nov. 22 if bondholders don't ...