DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a ...
DirecTV said it will abandon a plan to buy its satellite television rival after some bondholders refused to accept a steep ...
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
Related: What DirecTV, Dish Network merger means for current customers In other news, time is running out for the 8 million ...
On Sept. 30, DirecTV announced it would pay $1 and assume $9.75 billion in Echostar debt to acquire the Dish Network. The deal offered EchoStar a way to unload a good chunk of its liabilities ...
(Bloomberg) -- DirecTV intends to terminate its planned acquisition of Dish Network Corp. in just over a week’s time if bondholders don’t agree to a debt exchange. “A successful exchange was ...
The simplest path to get the deal back on track, Moffett wrote, would be for TPG Capital, the private equity firm that would own the merged DirecTV/Dish Network, to “sweeten the deal” for ...
The merger of DirecTV and Dish Network, which would have formed the largest U.S. pay-TV provider with almost 20 million members, was being discussed by DirecTV's joint venture partners ...