DirecTV to Call Off Dish Takeover After Bondholders Balk [Yahoo! Finance]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Yahoo! Finance
win the consent of bondholders for a debt exchange, according to a person familiar with the company's plans. Most Read from Bloomberg Trump Promises Could Have Seismic Impact on Washington Economy Paris to Replace Parking Spaces With Trees Tokyo's Scorching Summers Focus Public Anger Against Tree Cutting NYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid Probes New York's Transit Agency Approves $9 Congestion Toll DirecTV had warned this month that they would terminate the deal by midnight Friday without an agreement on the debt exchange. 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. A group of Dish bondholders rejected an improved offer put forward by DirecTV at the end of Octob
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T
Earnings
- 10/23/24 - Beat
T
Sec Filings
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- T's page on the SEC website