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 fee of $1 in what the companies called a debt exchange transaction. DirecTV will take on $9.75 billion of Dish debt if the deal is completed.
DirecTV And Dish To Merge, Creating U.S. Pay-TV Giant, As AT&T Completes Exit From Entertainment
DirecTV is acquiring satellite rival Dish Network, creating by far the largest U.S. pay-TV operator. The two satellite companies, which have struggled in recent years due to cord-cutting and their innate inability to offer broadband services, have discussed coming together several times over the years.
AT&T is selling its remaining 70% stake in DirecTV to private equity firm TPG a decade after agreeing to buy the satellite TV ...
The telecom giant has struck a deal to transfer its 70% share of DirecTV to the private-equity firm.
AT&T is selling its 70% stake in DirecTV in a seismic deal for the satellite television world that will make the combined ...
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