EchoStar Stock Plunges

EchoStar Stock Plunges After Dish Network Debt Holders Spurn Bond Deal Seen As Key To DirecTV Merger
EchoStar stock plunged 13% Tuesday on the news that bondholders of subsidiary Dish Network rejected a proposed debt deal seen as key to sealing a merger with satellite rival DirecTV. Shares fell to $22.
DirecTV says it will walk away from Dish deal after bondholders’ rejection
DirecTV said it will abandon a plan to buy its satellite television rival after some bondholders refused to accept a steep discount on Dish parent EchoStar’s debt.
EchoStar debt exchange offer sweetened to help Dish Network-DirecTV merger
The combination of satellite TV businesses DirecTV and Dish Network depends on a debt exchange that's being made more enticing, EchoStar says.
DirecTV Threatens to Walk Away From Dish Acquisition Over Debt Exchange Dispute
The deal between the rival satellite TV giants for $1 and $9.75 billion in debt is contingent upon Dish's bondholders agreeing to a debt exchange
DirecTV Plans to Cancel Dish Deal Unless Debt Swap Resolved
DirecTV intends to terminate its planned acquisition of Dish Network Corp. in 10 days if bondholders don’t agree to a debt exchange.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyNo Water by Year-End for This Zimbabwean City of 700,
DirecTV to drop Dish acquisition plan if EchoStar debt-exchange offer fails
Satellite TV provider DirecTV said on Tuesday it will abandon its planned acquisition of EchoStar's satellite television business that includes Dish TV by Nov. 22 if bondholders don't agree to a debt exchange.
Dish Lenders Reject DirecTV Debt Deal on Eve of Deadline
Dish Network Corp. creditors have rejected the US satellite-television provider’s bond-exchange offer on the eve of a deadline for a debt deal that is key to the company’s proposed acquisition by rival DirecTV.

Dish, DirecTV

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