DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit
- DirecTV has abandoned its acquisition of Dish after bond holders rejected the offer, ending a long-standing pursuit.
- The proposed exchange would have required a payment of $1 and assumed about $9.8 billion in debt.
- DirecTV CEO Bill Morrow stated that the deal was terminated to protect DirecTV's balance sheet and operational flexibility.
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Total News Sources0
Leaning Left6Leaning Right1Center8Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 40%
C 53%
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