Echostar's DISH and DirecTV are Reportedly in Discussions for Merger
DISHDISH Network (DISH) ZACKS·2024-09-17 22:40

EchoStar Corporation's (SATS) subsidiary DISH TV is reportedly considering a merger with AT&T Inc. and private equity firm TPG Inc.'s joint venture – DirecTV – according to a Bloomberg report. Citing sources familiar with the matter, the report further added that no agreement has been reached, and the discussions are still at a nascent stage and could end without any conclusive outcome. Following the speculations of a potential merger, shares of SATS jumped 8.9% yesterday and closed the session at $26.44. A ...