DirecTV announced on Monday that it had agreed to acquire its rival Dish Network from EchoStar in a roughly $9.8 billion deal that would create one of the largest pay-TV providers in the US.
Dish TV ’s share price is currently locked at the 20% upper circuit. Shares of the direct-to-home (DTH) service provider have gained over 66% in May alone. Earlier last week, lenders of Dish TV ...
DirecTV will absorb $9.8 billion worth of Dish's debt, and private-equity firm TPG will own all of the satellite-TV giant after buying AT&T's stake in a separate move. The timing of this tie-up ...