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 is pulling out of an agreement to buy its satellite rival Dish after bondholders objected to terms of the deal. DirecTV issued an announcement last night saying “it has notified EchoStar of ...
DirecTV is threatening to walk away from an acquisition of rival Dish Network for $1 and $9.75 billion in debt on Nov. 22 if the latter satellite TV giant’s bondholders don’t agree to a debt exchange.
DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said.
(WJET/WFXP) — After months of negotiations, DIRECTV announced that it has terminated its deal to acquire DISH DBS, the parent company of DISH, and its streaming service, Sling TV, in a multi-billion ...
DirecTV announced this week that it is cancelling its merger with Dish due to concerns over a debt swap by bond holders. The agreement hinged on Dish bondholders accepting a debt swap, which would ...
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 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 ...
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