DirecTV Terminates Dish Acquisition Over Debt Exchange Dispute

The Wrap
Story by Ross A. Lincoln
from The Wrap
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DirecTV scraps plans to acquire Dish Network amid debt exchange dispute, leaving the future of the two satellite giants uncertain.
beat sheet
  • The deal, which was first announced in 2022, has been officially terminated by DirecTV after the two companies failed to reach an agreement over a debt exchange.
  • Industry experts speculate that the failed merger could pave the way for a potential acquisition of one or both companies by a larger telecom player, as the satellite TV market continues to face challenges from streaming services.
call sheet
DirecTV, Dish Network
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