Dish Bondholders Sue Struggling Company Over Asset Transfers

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Dish Network News

Bloomberg,Charlie Ergen,Bondholders

(Bloomberg) -- Bondholders of struggling Dish Network Corp. sued the satellite-TV provider, demanding it unwind transfers that they said put valuable assets ...

-- Bondholders of struggling Dish Network Corp. sued the satellite-TV provider, demanding it unwind transfers that they said put valuable assets out of the hands of creditors and violated lending terms.Javier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform It

In January, Dish announced that it was shuffling assets including valuable spectrum licenses into new unrestricted subsidiaries, a maneuver that is often a prelude to discussions for new financing. Departing top Tesla exec cashes out almost his entire stake for $181 million as longtime bull Ron Baron calls bottom in the stock

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sri Lanka to consult with IMF on latest bondholders' proposal, finance ministry saysExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »