isphere_tech on Nostr: DirecTV Abandons Dish Merger Deal Amid Bondholder Concerns DirecTV has dropped plans ...
DirecTV Abandons Dish Merger Deal Amid Bondholder Concerns
DirecTV has dropped plans to acquire Dish, citing concerns from bondholders. The proposed deal, announced in September, would have created a TV service megamerger. However, bondholders rejected the takeover, fearing it would cut their holdings' value by $1.5 billion.
Source: https://www.theverge.com/2024/11/22/24303559/directv-dish-merger-deal-abandoned
DirecTV has dropped plans to acquire Dish, citing concerns from bondholders. The proposed deal, announced in September, would have created a TV service megamerger. However, bondholders rejected the takeover, fearing it would cut their holdings' value by $1.5 billion.
Source: https://www.theverge.com/2024/11/22/24303559/directv-dish-merger-deal-abandoned