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DirecTV, Dish Network

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 as key to sealing a merger with satellite rival DirecTV. Shares fell to $22.

The Washington Post on MSN · 2d

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.

TheWrap · 2d

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 agreeing to a debt exchange

Reuters on MSN · 3d

DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails

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 agree to a debt exchange.

Bloomberg L.P. · 4d

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.

9hon MSN

DirecTV may pull the plug on purchase of Colorado-based Dish Network

DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a ...

thedesk1h

DirecTV says merger agreement with Dish Network could fall apart

DirecTV says it will walk away from its merger agreement with Dish Network on November 22 if the company remains unable to ...

Mobile World Live2d

EchoStar locks in $5.2B to pay off debt

EchoStar president and CEO Hamid Akhavan stated on a Q3 earnings call his company will be able to paying off maturing debt in ...

3don MSN

EchoStar Posts Loss of Dish, Gain of Sling TV Subs in Third Quarter, Raises $5.2B in Fresh Capital

The telecom giant, led by CEO Hamid Akhavan and executive chairman Charlie Ergen, has agreed to be acquired by DirecTV to ...

DirecTV said it plans to abandon its Dish merger

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 agree to a debt ...

2don MSN

DirecTV scrapping DISH merger

Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS ...

3don MSN

EchoStar Sheds 43,000 Pay TV Subscribers, Adds 145,000 Sling TV Subscriptions in Q3

The Dish parent has entered into an agreement to sell the satellite TV giant to rival DirecTV in a deal for $1 and $9.75 ...

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 ...

Datacenter Dynamics3d

EchoStar secures $5.2bn in capital to invest in 5G Open RAN rollout, but faces challenge over DirecTV sale

Despite scaling back, EchoStar reported 5G network revenue of $43.2 million, up from $29.9m last year. Dish previously hit its 5G coverage target set by the Federal Communications Commission ...

Yahoo2d

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.

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