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 as key to sealing a merger with satellite rival DirecTV. Shares fell to $22.
DirecTV will terminate Dish deal unless debt swap resolved - Bloomberg
DirecTV plans to abandon its planned purchase of Dish Network Corp. in 10 days if bondholders don't agree on a debt exchange. “A successful exchange was a condition for acquiring the Dish video business,
Dish bondholders reject debt-exchange offer for DirecTV deal, document shows
A group of EchoStar's Dish bondholders rejected a proposed debt-exchange offer from DirecTV that was contingent upon them accepting a "haircut" of $1.5 billion, a document viewed by Reuters on Monday showed.
EchoStar debt exchange offer sweetened to help Dish Network-DirecTV merger
The combination of satellite TV businesses DirecTV and Dish Network depends on a debt exchange that's being made more enticing, EchoStar says.
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 the company. This article, Dish creditors reject bond exchange, raising questions about DirecTV acquisition,
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 ...
Echostar: Buy Rating Despite Challenges, Strategic Maneuvers Highlight Underappreciated Spectrum Value
TD Cowen analyst Gregory Williams maintained a Buy rating on Echostar (SATS – Research Report) today and set a price target of $30.00.
EchoStar Q3 Earnings And Sales Falter, But Gains Ground With Sling TV Subscribers
EchoStar's Q3 earnings miss estimates with wider losses and a 5% revenue decline, despite gains in Sling TV subscribers.
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Sling TV Adds 145,000 Pay TV Subs While Dish Sheds 188,000 in Q3
ENGLEWOOD, Colo., —EchoStar, which hopes to sell its pay TV operations to DirecTV, continued to hemorrhage subscribers in its ...
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Is EchoStar set to ditch Broadcom’s VMware?
EchoStar’s Boost Mobile division is set to ditch a platform vendor in a move that could put its open-network architecture to ...
EchoStar Corp. Q3 Loss Increases, Misses Estimates
EchoStar Corp. (SATS) released Loss for its third quarter that increased from last year and missed the Street estimates. The ...
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EchoStar (SATS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for EchoStar (SATS) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics ...