DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a discount within the next week. But even if they don’t, EchoStar reassured investors it has raised enough capital to meet upcoming debt payments, allowing it to avoid a bankruptcy filing. On Sept. 30, DirecTV announced it would pay $1 and assume $9.75 billion in Echostar debt to acquire the Dish Network.
Similar Stories to Directv May Pull The Plug On Purchase Of Colorado-based Dish Network on Bing News
Aldo Svaldi, Denver Post
Fri, 11/15/2024 - 6:00am
Topics: sept nov at&t t-mobile echostar s executives englewood-based first hamid akhavan ceo paul orban we denver-area sling tv the related articles colorado-based echostar colorado-based dish moffettnathanson craig moffett spending federal communications commission they your morning dozen echostar echostar echostar s directv network a dish i directv boost echostar echostar orban denver sling tv business colorado boost mobile moffett purchase debt cash company bondholders analysts exchange customers pay tuesday quarter payments operate call deal cellular meet don reassured long-term week move forced told
BING NEWS:
- DirecTV may pull the plug on purchase of Colorado-based Dish Network
DirecTV’s purchase of EchoStar’s subscription television business could collapse unless bondholders agree to accept a discount within the next week. But even if they don’t, EchoStar reassured ...
11/14/2024 - 11:00 pm | View Link - More
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