DirecTV Ditches Dish Deal [Yahoo! Finance]
EchoStar Corporation - Common stock (SATS)
Last echostar corporation - common stock earnings: 2/20 06:00 am
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ir.echostar.com/investors
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Source: Yahoo! Finance
DirecTV on Thursday announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said. More from Variety DirecTV to Launch Free, Ad-Supported Streaming Service Next Month Dish's Debt-Exchange Sale to DirecTV Is 'Tantamount to a Default,' Credit-Rating Agency Says DirecTV Is Buying Dish for $1, Joining a Rare Club of Properties Sold for One Buck DirecTV's official termination of the agreement follows Dish DBS bondholders' failure to agree to the proposed exchange debt offer terms issued by EchoStar, which was a condition of DirecTV's obligations to acquire Dish. On Sept. 30, DirecTV and EchoStar announced the deal under which DirecTV was to buy onetime rival Dish and its Sling TV business . That would have created the largest U.S. provider in the declining pay-TV industry with around 18 million customers. Under the terms, DirecTV was to assume $9.75 billion of debt associated wi
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SATS
News
- DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit [Yahoo! Finance]Yahoo! Finance
- DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit [Yahoo! Finance Canada]Yahoo! Finance Canada
- 5 Things to Know Before the Stock Market Opens [Yahoo! Finance]Yahoo! Finance
- DirecTV terminates Dish deal over failed debt swap [CNBC]CNBC
- DirecTV Scraps Dish Acquisition as Bondholders Push Back on Satellite-TV Merger [Yahoo! Finance]Yahoo! Finance
SATS
Earnings
- 11/12/24 - Miss
SATS
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form SC
- 11/14/24 - Form S-3ASR
- SATS's page on the SEC website