DirecTV had proposed acquiring Dish TV and Sling TV from EchoStar in a deal involving a $1 payment and the assumption of roughly $9.8 billion in debt. The transaction depended on multiple ...
DirecTV offered to acquire Dish's pay TV business for a nominal $1 plus the assumption of roughly $10 billion in debt. DirecTV is abandoning its acquisition of Dish assets after a group of ...
On Sept. 30, DirecTV and EchoStar announced the deal under which DirecTV was to buy rival Dish and its Sling TV business. That would have created the largest U.S. provider in the declining pay-TV ...
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 was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt.
As part of the transaction, DirecTV was to pay $1 to buy the pay-TV business called Dish DBS, including Dish and Sling TV, with the assumption of about $9.75 billion of Dish's debt. News Today's news ...
(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 ...