DirecTV and Dish’s on-and-off merger saga switches back to off
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.
“While we believed a combination of DIRECTV and DISH would have benefitted all stakeholders, we have terminated the transaction because the proposed Exchange Terms were necessary to protect DIRECTV’s balance sheet and our operational flexibility,” DirecTV CEO Bill Morrow said in the press release.
You may be interested
Mega Millions jackpot climbs to $1.15 billion — here are 8 states where your prize won’t be taxed
new admin - Dec 26, 2024[ad_1] The Mega Millions jackpot has climbed to $1.15 billion ahead of Friday’s drawing, making it the fifth-largest prize in the game’s…
Farruko Talks About Balancing Spirituality and Pop on ‘Carbvn Vrmor’
new admin - Dec 26, 2024[ad_1] Farruko is the first to admit that he’s been on a journey the last couple of years. “I think…
Florida pizza delivery worker allegedly stabs pregnant customer after $2 tip
new admin - Dec 26, 2024A pizza delivery worker, upset about a tip, allegedly repeatedly stabbed a customer at a Florida motel, authorities said Wednesday. Brianna…
