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Market
DirecTV to attempt Dish acquisition again by end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from DirecTV or Dish Network, or major financial news outlets
Story
DirecTV Ends $9.75B Dish Acquisition After Bondholders Reject Debt Swap
Nov 22, 2024, 05:04 AM
DirecTV has officially terminated its planned acquisition of rival satellite TV service Dish Network after Dish's bondholders rejected a proposed debt exchange offer. The deal, valued at $1 plus $9.75 billion in debt, would have combined the two companies to create the largest U.S. pay-TV provider with 18 million subscribers. Dish Network's parent company, EchoStar, failed to secure the consent of its creditors for the debt exchange, leading DirecTV to walk away from the merger. The termination was confirmed after DirecTV informed Dish of its decision, citing the need to protect its own interests. This marks the end of yet another attempted tie-up between the two satellite-TV rivals.
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Similar markets
Yes • 50%
No • 50%
Dish Network • 25%
EchoStar • 25%
Another satellite-TV company • 25%
No acquisition attempt • 25%
Yes • 50%
No • 50%
Merger with another company • 25%
Major restructuring • 25%
Focus on internal growth • 25%
No major changes • 25%
Yes • 50%
No • 50%
Attempt another merger with Dish • 25%
Seek merger with another company • 25%
Focus on internal growth strategies • 25%
Sell off assets • 25%
Increase by more than 20% • 25%
Increase by 0% to 20% • 25%
Decrease by 0% to 20% • 25%
Decrease by more than 20% • 25%