Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

DirecTV to Call Off Dish Takeover After Bondholders Balk [Yahoo! Finance Canada]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Most Read from Bloomberg DirecTV, which warned this month it would terminate the deal by midnight Friday without an agreement on the debt, said it had given EchoStar formal notice. Dish hasn't initiated fresh discussions with bondholders to try and salvage the deal as of late Thursday evening, a person familiar with the matter said. Under the terms of the original transaction, DirecTV was to acquire Dish and Sling TV from EchoStar Corp. for $1 plus the assumption of about $9.75 billion of debt. DirecTV, which is owned by AT&T Inc. and joint venture partner TPG Inc., would have become the largest pay-TV provider in the US with about 18 million subscribers. “While we believed a combination of DirecTV and Dish would have benefitted all stakeholders, we have terminated the transaction because the proposed Exchange Terms were necessary to protect DirecTV's balance sheet and our operational flexibility,” DirecTV Chief Executive Officer Bill Morrow said in a statement. A group of Di Show less Read more
Impact Snapshot
Event Time:
SATS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for SATS alerts
Opt-in for
SATS alerts

from News Quantified
Opt-in for
SATS alerts

from News Quantified