Satellite TV giant DirecTV called off its deal with Charlie Ergen’s EchoStar to acquire rival Dish TV and other assets. The deal would have created one of the largest pay TV distributors in the ...

DirecTV has dropped its plans to acquire Dish, the company announced Thursday. The deal would’ve created a TV service megamerger, but it fell through after Dish bondholders rejected the takeover.

DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said.

The deal, which would have created one of the largest pay-TV providers in the United States, fell apart after strong objections from Dish’s lenders. By Lauren Hirsch A second attempt at a major ...

DirecTV is pulling out of an agreement to buy its satellite rival Dish after bondholders objected to terms of the deal. DirecTV issued an announcement last night saying "it has notified EchoStar ...

For the deal to go through, Dish bondholders had to agree to exchange their debt for new debt in the merged entity at a discounted rate, taking a "haircut" of about $1.57 billion on the debt.

U.S. satellite TV provider DirecTV said on Thursday it had terminated its agreement to acquire Echostar's SATS.O satellite television business, which includes rival Dish TV, over a failed debt ...

DirecTV said it has scrapped its acquisition of Dish Network, after decades of failed attempts at mergers by the two satellite rivals. Bondholders of Dish and subsidiary DBS had pushed back on the ...

US satellite TV provider DirecTV has terminated its agreement to acquire Echostar’s satellite television business, which includes rival Dish TV. The deal would have created one of the largest ...

A group of Dish bondholders rejected an improved offer put forward by DirecTV at the end of October. Revised terms lowered the minimum loss on $8.9 billion of bonds by $70 million to $1.5 billion.

DirecTV announced this week that it is cancelling its merger with Dish due to concerns over a debt swap by bond holders. The agreement hinged on Dish bondholders accepting a debt swap, which would ...

Dish's quarterly year-over-year revenue growth Instead, the agreement is hurtling toward destruction. Two-thirds of Dish’s bondholders had to be willing to swallow a $1.5 billion discount in a ...