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EchoStar to sell Dish to DirecTV, combining major pay-TV providers

EchoStar CEO Hamid Akhavan appeared on CNBC's "Squawk on the Street" on Monday after the company sold its video distribution business to DirecTV.

Forbes · 14h

DirecTV And Dish Merger Could Create The Largest Pay-TV Distributor

In this era of cord cutting the announced merger of DirecTV with Dish/Sling would result in 18 million subscribers, making it the largest pay-TV distributor

Ars Technica · 16h

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.

DirecTV to buy Dish Network and Sling TV

The Hollywood Reporter on MSN · 2d

DirecTV to Acquire Dish and Sling TV, Creating Largest U.S. TV Provider

The merger of EchoStar's video businesses and DirecTV will also coincide with TPG agreeing to buy out the 70 percent of DirecTV that it does not own from AT&T.

Benzinga (Video) on MSN · 1d

DirecTV to Acquire Dish Network for $1, Assume $2 Billion Debt

DirecTV has agreed to acquire Dish Network, creating a major player in the satellite TV industry. DirecTV will assume Dish's $2 billion debt, a crucial move for the financially troubled company, which only has $500 million in available cash.

syracuse.com · 1d

DirecTV to buy Dish Network and Sling TV for $1 (plus an assumption of debt)

DirecTV said Monday that it will acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that includes a payment of $1, plus the assumption of approximately $9.8 billion in debt.

2don MSN

EchoStar's Dish sale marks disappointing end to Charlie Ergen's 'Seinfeld' strategy

TV provider Dish Network to DirecTV Monday for $1 in equity and $9.75 billion in associated debt. The transaction, if ...

Colorado-based EchoStar cuts Dish Network and Sling loose so Boost Mobile can move forward

Long-time rival DirecTV on Monday said it will pay $1 and assume $9.7 billion in EchoStar debt to acquire Dish Network and ...

Movieguide16h

DirecTV to Buy Fellow Satellite Provider Dish for Just $1

DirecTV and Dish Network are merging in an effort to combat their many streaming rivals. “DIRECTV operates in a highly ...

Dish-DirecTV deal sparks creditor revolt over $1.6 billion loss

Creditors are banding together after Dish and DirecTV agreed on Monday to create the biggest US pay-TV provider under the ...

Why EchoStar Stock Crashed 18% Today

Investors are unimpressed. EchoStar stock fell 18.5% through 10:15 a.m. ET on the news.

It's do-or-die for DirecTV and Dish — so they're teaming up

DirecTV said on Monday that it had agreed to acquire Dish Network in a deal that would create one of the largest pay-TV ...

DirecTV agrees to buy satellite rival Dish (and its debt) for one dollar

DirecTV today announced an agreement to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal ...

SpaceNews1d

EchoStar plots direct-to-device satellite push after shedding Dish and debt

EchoStar plans to aggressively expand its satellite and terrestrial mobile broadband services after shedding debt and its video distribution business.

15h

Dish’s Debt-Exchange Sale to DirecTV Is ‘Tantamount to a Default,’ Credit-Rating Agency Says

EchoStar's deal to sell Dish to DirecTV, which will assume $9.75 billion in debt, is akin to Dish defaulting on its debt ...

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