EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen ...
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EchoStar locks in $5.2B to pay off debt
EchoStar president and CEO Hamid Akhavan stated on a Q3 earnings call his company will be able to paying off maturing debt in ...
EchoStar Posts Loss of Dish, Gain of Sling TV Subs in Third Quarter, Raises $5.2B in Fresh Capital
The telecom giant, led by CEO Hamid Akhavan and executive chairman Charlie Ergen, has agreed to be acquired by DirecTV to ...
DirecTV Threatens to Walk Away From Dish Acquisition Over Debt Exchange Dispute
The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders ...
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DirecTV-Dish deal drama could impact 18 million customers
In other news, time is running out for the 8 million people who still use DISH TV and Sling TV as their video services. A ...
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Dish creditors reject bond exchange, raising questions about DirecTV acquisition
A group of creditors associated with Echostar's pay television service Dish Network have rejected a bond exchange offer from ...
DirecTV Plans to Cancel Dish Deal Unless Debt Swap Resolved
DirecTV intends to terminate its planned acquisition of Dish Network Corp. in 10 days if bondholders don’t agree to a debt ...
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EchoStar debt exchange offer sweetened to help Dish Network-DirecTV merger
See Correction/Clarification at the end of this article. The combination of satellite TV businesses depends on a debt exchange that's being made more enticing, EchoStar says. Terms of an EchoStar ...
DirecTV will terminate Dish deal unless debt swap resolved - Bloomberg
“A successful exchange was a condition for acquiring the Dish video business,” a DirecTV spokesperson said in an emailed ...