DirecTV, Dish to Merge and Create Largest US Pay TV Provider

DirecTV Monday agreed to buy EchoStar’s satellite television business that includes Dish, capping decades of on-and-off talks to create one of the nation’s largest pay TV distributors with a combined 20 million subscribers. (Reuters) DirecTV will pay EchoStar $1 plus the assumption of debt. DirecTV is owned by AT&T and private equity firm TPG, while…DirecTV Monday agreed to buy EchoStar’s satellite television business that includes Dish, capping decades of on-and-off talks to create one of the nation’s largest pay TV distributors with a combined 20 million subscribers. (Reuters) DirecTV will pay EchoStar $1 plus the assumption of debt. DirecTV is owned by AT&T and private equity firm TPG, while… Read More

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