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 ...
EchoStar (SATS) announced it will sell its video distribution business, including Dish and Sling, to DirecTV for a nominal price of $1 and more than $9.7 billion of associated debt on the business.
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 ...
Why does DirecTV’s deal for Dish even include the “nominal consideration ... of payment to become legally binding. A single-dollar sale price is usually a sign that the deal involves ...