EchoStar: Financing Issues Squelch DirecTV/Dish Deal
DirecTV's planned purchase of EchoStar's Dish Network (see 2409300009) is off, EchoStar said in an SEC filing Friday. EchoStar said it received notice from DirecTV last week that it was ending the purchase agreement effective 11:59 p.m. Friday because the…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
deal's financial terms weren't being met. EchoStar said no termination fee or other payment is due from either party.