DirecTV Scraps Merger With Rival Dish [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 informed Dish owner EchoStar it plans to scrap the deal at 11:59 p.m. ET Friday. The decision came after a rebuke from bondholders representing about $10.7 billion of debt in Dish and its DBS subsidiary. The broader tie-up depended on the creditors' approval. How Froot Loops Landed at the Center of U.S. Food Politics Elon Musk Jabs at Billionaire Rival Jeff Bezos Over Trump Trump's Growth and Trade Agendas Are at Odds. His Economic Team Will Point to the Winner. MicroStrategy's Magical Bitcoin Buying Machine Uses Some Wacky Math Nvidia Is on Top but Does It Have Anywhere to Go but Down? EchoStar said Friday it respected the decision and will continue to run its own pay-TV brands. A spokesman said that recent financing arrangements mean Echostar has a robust foundation to operate and grow without the merger. In September, DirecTV agreed to buy Dish from EchoStar for a nominal $1, plus the assumption of debt. The deal started to break apart last week after the com
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News
- DirecTV calls off acquisition of satellite TV rival Dish — as lenders revolt [Yahoo! Finance]Yahoo! Finance
- DirecTV and Dish's on-and-off merger saga switches back to off [Verge, The]Verge, The
- How major US stock indexes fared Friday, 11/22/2024 [Yahoo! Finance]Yahoo! Finance
- How major US stock indexes fared Friday, 11/22/2024 [Yahoo! Finance Canada]Yahoo! Finance Canada
- DirecTV Calls Off Plans to Acquire Dish Network [The New York Times]The New York Times
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