DirecTV today announced an agreement to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal fee of $1 in what the companies called a debt exchange transaction.
DirecTV is buying the Dish Network and Sling TV, a deal it has sought to complete for years, as the company seeks to better compete against streaming services that have become dominant. DirecTV said ...
The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders. By Lauren Hirsch A second attempt at a major media ...
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 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The combination of the two U.S ...