DirecTV/Dish merger has a problem as debt holders object to $1.6 billion loss
DirecTV agreed to buy the Dish satellite TV and Sling TV business for a nominal fee of $1, in exchange for taking on $9.75 billion of Dish debt. But DirecTV's deal announcement on Monday said the merger needs approval from Dish debt holders, who would see their investments devalued.
EchoStar's deal to sell Dish to DirecTV, which will assume $9.75 billion in debt, is akin to Dish defaulting on its debt ...
DirecTV and Dish have teamed up since cord-cutting is wrecking their business — and so they can gain leverage over content ...
DirecTV is buying Dish and Sling as the company, a deal it has sought to complete for years as seeks to better compete ...
DirecTV today announced an agreement to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal ...
DirecTV said on Monday that it had agreed to acquire Dish Network in a deal that would create one of the largest pay-TV ...
The companies say the deal will improve the viability of satellite services in an industry now dominated by streaming ...
On paper, combining DirecTV and Dish makes enormous business sense. The DirecTV and Dish customers for Direct Broadcast ...
DirecTV promptly announces deal to acquire EchoStar’s video business that includes Dish TV and Sling TV, cementing a ...
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