FILE – Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., Feb. 23, 2011. is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.
The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it “While we believed a combination of DirecTV and Dish would have benefited 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 CEO Bill Morrow said in a statement.resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications CommissionThe pay-for-TV market has shifted significantly since.
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DirecTV calls off acquisition of Colorado-based rival Dish, possibly ending years-long pursuitDirecTV was looking to acquire Dish TV and Sling TV from its owner, Englewood-based EchoStar, in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8…
Source: denverpost - 🏆 13. / 72 Read more »
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuitDirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.
Source: ksatnews - 🏆 442. / 53 Read more »
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuitDirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.
Source: wjxt4 - 🏆 246. / 63 Read more »
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuitDirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company. The deal was reliant on Dish
Source: Mynorthwest - 🏆 438. / 53 Read more »
DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuitDirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company
Source: ABC - 🏆 471. / 51 Read more »