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.
AT&T is selling its 70% stake in DirecTV in a seismic deal for the satellite television world that will make the combined ...
After over a decade of on and off talks, a merger between DirecTV and Dish is poised to become a reality. The deal announced ...
In the recently announced deal, minority stakeholder TPG Capital will assume full company ownership of DirecTV.
DirecTV is acquiring satellite rival Dish Network, creating by far the largest U.S. pay-TV operator. The two satellite ...
DirecTV is buying Dish TV and Sling TV from EchoStar to create the biggest pay-TV provider in the US. DirecTV CEO Bill Morrow ...
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