The top half of the back will be made of aluminum and feature a "rectangular camera bump made of aluminum rather than traditional 3D glass," while the bottom half will continue to be made of glass ...

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.

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 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 ...

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 ...

Russian aluminum producer Rusal will cut output by more than 6% in response to high global alumina prices and as tight monetary policy and an economic slowdown dampen domestic demand for the metal ...

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.

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 ...

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 ...

DirecTV has notified EchoStar Corp. of its intention to terminate an acquisition of Dish Network Corp. after it failed to win the consent of bondholders for a key debt exchange, all but killing a ...

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 ...