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 ...
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 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 ...
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 ...
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 ...
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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 ...
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 ...
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 ...
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DirecTV says meger 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 ...
DirecTV Plans to Cancel Dish Deal Unless Debt Swap Resolved
DirecTV intends to terminate its planned acquisition of Dish Network Corp. in 10 days if bondholders don’t agree to a debt ...
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DirecTV-Dish deal drama could impact 18 million 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 ...
EchoStar: Q3 Earnings Snapshot
ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — EchoStar Corp. (SATS) on Tuesday reported a loss of $141.8 million in its third quarter. On a per-share basis, the Englewood, Colorado-based company ...