A DirecTV spokesperson told the Post: “A successful [debt] exchange was a condition for acquiring the Dish video business.
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 ...
Nov 12 (Reuters) - Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's (SATS.O), opens new tab satellite television business that includes Dish TV ...
For now, EchoStar remains a “going concern,” which should have the 7,000 workers in metro Denver, half of its workforce of around 14,000 people, breathing easier.
A group of Dish bondholders on Monday rejected the proposed debt-exchange offer from DirecTV that was contingent upon them accepting a "haircut" of $1.5 billion. "A successful exchange was a condition ...
Some bondholders wouldn’t accept a discount, so DirecTV said it will give up its plan to buy rival Dish. Bondholders of Dish parent EchoStar rejected DirecTV’s acquisition terms for its ...
EchoStar’s share price has plummeted 13 per cent as news emerged that TPG (the former Texas Pacific Group) has said that the acquisition by DirecTV of EchoSta ...
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 ...
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 ...
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.