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.
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DIRECTV and Dish Network Don’t Have a Chance
DIRECTV’s plan to combine with Dish collapsed after Dish noteholders rejected a discounted debt swap, scuttling the latest attempt to consolidate satellite TV. -The setback comes amid accelerating ...
DirecTV announced Monday it's buying rival Dish Network, ending multiple decades of on-and-off talks about the satellite services merging. The companies have struggled to retain subscribers in the ...
DirecTV announced this week that it is cancelling its merger with Dish due to concerns over a debt swap by bond holders. The agreement hinged on Dish bondholders accepting a debt swap, which would ...
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