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DirecTV says it will walk away from Dish deal
DirecTV may pull the plug on purchase of Dish Network
DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a discount within the next week. But even if they don’t, EchoStar reassured investors it has raised enough capital to meet upcoming debt payments,
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 discount on Dish parent EchoStar’s debt.
Dish Lenders Reject DirecTV Debt Deal on Eve of Deadline
Dish Network Corp. creditors have rejected the US satellite-television provider’s bond-exchange offer on the eve of a deadline for a debt deal that is key to the company’s proposed acquisition by rival DirecTV.
DirecTV-Dish deal drama could impact 18 million customers
Related: What DirecTV, Dish Network merger means for current 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 deal that would have sold both units owned by EchoStar to satellite TV provider DirecTV could be ditched.
Telecom M&A: DirecTV-Dish Deal In Peril. Charter To Buy Liberty Broadband.
Satellite TV broadcaster DirecTV has threatened to pull its offer to buy Dish TV if a debt-exchange offer is not completed.
DirecTV threatens to call off Dish Network deal
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why a huge TV merger is in trouble.
4d
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 ...
19h
La Jolla Shores Association votes to oppose potential 5G cell towers at Cliffridge Park
The board also supports an ongoing fight against a proposed 239-foot-tall apartment-commercial project in north Pacific Beach ...
4d
DirecTV-Dish Merger In Jeopardy: Here's The Issue
Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds ...
4d
on MSN
EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
5d
Dish Network Creditors Reject Bond Exchange Offer, Threatening Merger With DirecTV: Report
Dish Network Corp.'s creditors have rejected the company's bond-exchange offer just ahead of a key deadline, threatening the ...
5d
on MSN
DirecTV will terminate Dish deal unless debt swap resolved - Bloomberg
“A successful exchange was a condition for acquiring the Dish video business,” a DirecTV spokesperson said in an emailed ...
The Victoria Advocate
1d
DirecTV may pull plug on purchase of Dish Network
On Sept. 30, DirecTV announced it would pay $1 and assume $9.75 billion in Echostar debt to acquire the
Dish
Network
. The ...
Yahoo Finance
5d
Dish Lenders Reject DirecTV Debt Deal as Deadline Arrives
(Bloomberg) --
Dish
Network
Corp. creditors rejected the US satellite-television provider’s bond-exchange offer, as the deadline arrives for a debt deal that is key to the company’s proposed ...
The Desk on MSN
5d
Dish Network sheds subscribers, but Sling TV grows during Q3
Echostar's pay television business — which is in the process of being acquired by DirecTV — ended the quarter with 8.03 ...
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