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BRIEF-DirecTV Announces Termination Of Agreement To Acquire Echostar's Video Distribution Business
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BRIEF-DirecTV Announces Termination Of Agreement To Acquire Echostar's Video Distribution Business
Nov 21, 2024 7:20 PM

Nov 21 (Reuters) -

* DIRECTV ANNOUNCES TERMINATION OF AGREEMENT TO ACQUIRE

ECHOSTAR'S

VIDEO DISTRIBUTION BUSINESS

* DIRECTV ANNOUNCES TERMINATION OF AGREEMENT TO ACQUIRE

ECHOSTAR'S

VIDEO DISTRIBUTION BUSINESS

* DIRECTV - TERMINATION OF DISH ACQUISITION DOES NOT AFFECT

TPG'S

ACQUISITION OF REMAINING 70% STAKE IN DIRECTV FROM AT&T

* DIRECTV: NOTIFIED ECHOSTAR OF ITS ELECTION TO TERMINATE,

EFFECTIVE AS OF 11:59 P.M., ET ON FRIDAY, NOVEMBER 22ND, 2024

* DIRECTV - TERMINATION FOLLOWS DISH DBS NOTEHOLDERS'

FAILURE TO

AGREE TO PROPOSED EXCHANGE DEBT

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