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DirecTV terminates Dish deal over failed debt swap
The proposed deal, initially announced in September, was seen as a strategic consolidation in a shrinking pay-TV market.
DirecTV ditches Dish deal over failed debt offer
DirecTV added that the termination of its Dish acquisition doesn't impact AT&T's sale of its remaining stake in DirecTV to private equity company TPG for $7.6 billion. That particular deal will see TPG acquire AT&T's 70 percent stake in DirecTV. DirecTV expects the deal to close in the second half of 2025.
DirecTV Cancels Merger With Dish Over Debt Swap
DirecTV's withdrawal appears to mark the end of its years-long pursuit to acquire both Dish and Sling, following its initial bid in September.
DIRECTV ends plans to aquire DISH & Sling TV
After months of negotiations, DIRECTV announced that it has terminated its deal to acquire DISH DBS, the parent company of DISH, and its streaming service, Sling TV, in a multi-billion dollar debt-saving deal.
11d
DirecTV-Dish Merger In Jeopardy: Here's The Issue
Dish bondholders rejected DirecTV's revised offer on Monday which lowered the minimum loss on $8.9 billion of bonds ...
2d
DirecTV cancels agreement to merge with Dish
US satellite TV provider DirecTV has terminated its agreement to acquire Echostar’s satellite television business, which includes rival Dish TV.
Bloomberg L.P.
12d
Dish Lenders Reject DirecTV Debt Deal as Deadline Arrives
Dish Network Corp. creditors rejected the US
satellite
-
television
provider’s bond-exchange offer, as the deadline arrives ...
9d
Inflation Explained: With the TV industry in flux, customers see the uncertainty reflected in their bills
As traditional cable television fades and online streaming services grow in popularity, users have a common burden: rising ...
11d
DirecTV said it plans to abandon its Dish merger
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar’s satellite television business that includes Dish TV by Nov. 22 if bondholders don’t agree to a debt ...
Advanced Television
2d
Thaicom-9A satellite secures orbital slot
Thaicom, the Asian satellite operator and a space tech company, has announced that the relocation of the Thaicom-9A Satellite ...
WWMT Grand Rapids/Lansing on MSN
9d
Portage man sentenced to eight years in prison for telemarketing fraud
A Portage man has been sentenced to years in prison for telemarketing fraud. 63-year-old Irfan Gill was sentenced to eight ...
fox61
1d
DirecTV says it is ending its acquisition bid to take over Dish
This is the second time a deal has been stopped. The two almost merged more than two decades ago, but the Federal ...
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