EchoStar‘s proposed deal to sell Dish Network to DirecTV — for $1 cash and the assumption of $9.75 billion in debt — is akin to Dish defaulting on its debt securities, according to credit-rating ...
DOUGLAS COUNTY, Colo. — Terms of an EchoStar debt exchange are being sweetened for bondholders in the hope of completing Dish Network's multibillion-dollar merger into satellite TV rival DirecTV.
DirecTV announced Monday it’s buying rival Dish Network, ending multiple decades of on-and-off talks about the satellite services merging. The companies have struggled to retain subscribers in the ...