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DirecTV Buys Dish for a Dollar (Plus a Lot of Debt)

Subscribe to NewscastStudio for the latest news, project case studies and product announcements Broadcasting technology, creative design And Mechanical engineering delivered to your inbox. DirecTV will buy its biggest competitor in a $1 deal that also includes taking on a…

DirecTV and Dish have been trying to merge for years. The time has finally come.

Another major media takeover has finally been confirmed. Satellite television provider DirecTV (T, TPG) said Monday that it will buy rival Dish Network (SATS), including Dish's streaming brand Sling TV, in a debt swap transaction. Financial details were not disclosed….

Why EchoStar stock plunged 18% today

So it seems the rumors were true. Two weeks after Bloomberg broke the story about the on-again, off-again merger between the two EchoStar (NASDAQ:SATS) and DirecTV may be back up and running, EchoStar this morning announced a “series of transformative…

DirecTV is acquiring Dish as part of a merger of satellite TV rivals

DirecTV and Dish Network, longtime rivals in satellite television, are poised for a merger. DirecTV announced a deal Monday with Dish parent company EchoStar to acquire Dish in a deal valued at nearly $10 billion – which would create the…