DirecTV scrapping DISH merger
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, DISH DBS, after DISH bondholders rejected a debt exchange.
DirecTV said it plans to abandon its Dish merger
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 debt exchange.
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 discount on Dish parent EchoStar’s debt.
DirecTV-Dish deal drama could impact 18 million customers
Related: What DirecTV, Dish Network merger means for current 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 deal that would have sold both units owned by EchoStar to satellite TV provider DirecTV could be ditched.
DirecTV says Dish purchase is off
DirecTV’s proposed acquisition of Dish assets is most likely dead after a group of bondholders rejected a revised offer.
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 agreeing to a debt exchange
DirecTV threatens to call off Dish Network deal
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why a huge TV merger is in trouble.
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