DirecTV says Dish purchase is off
SATSEchoStar(SATS) CNBC·2024-11-13 11:09

A Dish Network satellite dish (L) is mounted next to a DirecTV dish on the roof of an apartment building on April 15, 2013 in San Rafael, California.DirecTV is abandoning its acquisition of Dish assets after a group of bondholders refused to accept the terms of a proposed debt offer, a DirecTV spokesperson said."A successful exchange was a condition for acquiring the Dish video business," the spokesperson said in an email on Tuesday. "Given the outcome of the EchoStar exchange, DirecTV will have no choice b ...