BRIEF-DIRECTV to Acquire EchoStar's Video Distribution Businesses, Including DISH TV & Sling TV

Reuters09-30

Sept 30 (Reuters) - DIRECTV:

* DIRECTV TO BUY ECHOSTAR’S VIDEO DISTRIBUTION BUSINESSES INCLUDING DISH TV AND SLING TV

* DIRECTV: ESTIMATES COMBINATION HAS POTENTIAL TO GENERATE COST SYNERGIES OF AT LEAST $1 BILLION PER ANNUM

* DIRECTV: AT CLOSE, ECHOSTAR WILL HAVE REDUCED TOTAL CONSOL DEBT BY $11.7 BILLION AND CUT ITS CONSOL REFINANCING NEEDS THROUGH 2026 BY $6.7 BILLION

* DIRECTV: DISH AND DIRECTV HAVE COMMENCED EXCHANGE OFFER FOR 5 DIFFERENT SERIES OF DISH NOTES WITH TOTAL FACE VALUE OF ABOUT $9.75 BILLION

* DIRECTV: DEAL IN EXCHANGE FOR NOMINAL CONSIDERATION OF $1 PLUS ASSUMPTION OF DISH NET DEBT

* DIRECTV: CO, TPG ANGELO GORDON, SOME CO-INVESTORS TO PROVIDE $2.5 BILLION OF FINANCING TO ECHOSTAR TO FULLY REFINANCE DISH’S NOV 2024 DEBT MATURITY

((Reuters.Briefs@thomsonreuters.com;;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2471805671?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-30 19:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2471805671","market":"us","top_or_hot":-1,"title":"BRIEF-DIRECTV to Acquire EchoStar's Video Distribution Businesses, Including DISH TV & Sling TV","media":"Reuters","content":"<html><body><p>Sept 30 (Reuters) - DIRECTV: </p><p>   * DIRECTV TO BUY ECHOSTAR’S VIDEO DISTRIBUTION BUSINESSES INCLUDING DISH TV AND SLING TV</p><p>   * DIRECTV: ESTIMATES COMBINATION HAS POTENTIAL TO GENERATE COST SYNERGIES OF AT LEAST $1 BILLION PER ANNUM</p><p>   * DIRECTV: AT CLOSE, ECHOSTAR WILL HAVE REDUCED TOTAL CONSOL DEBT BY $11.7 BILLION AND CUT ITS CONSOL REFINANCING NEEDS THROUGH 2026 BY $6.7 BILLION</p><p>   * DIRECTV: DISH AND DIRECTV HAVE COMMENCED EXCHANGE OFFER FOR 5 DIFFERENT SERIES OF DISH NOTES WITH TOTAL FACE VALUE OF ABOUT $9.75 BILLION</p><p>   * DIRECTV: DEAL IN EXCHANGE FOR NOMINAL CONSIDERATION OF $1 PLUS ASSUMPTION OF DISH NET DEBT</p><p>   * DIRECTV: CO, TPG ANGELO GORDON, SOME CO-INVESTORS TO PROVIDE $2.5 BILLION OF FINANCING TO ECHOSTAR TO FULLY REFINANCE DISH’S NOV 2024 DEBT MATURITY</p><p>((Reuters.Briefs@thomsonreuters.com;;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-DIRECTV to Acquire EchoStar's Video Distribution Businesses, Including DISH TV & Sling TV</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-DIRECTV to Acquire EchoStar's Video Distribution Businesses, Including DISH TV & Sling TV\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-30 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sept 30 (Reuters) - DIRECTV:    * DIRECTV TO BUY ECHOSTAR’S VIDEO DISTRIBUTION BUSINESSES INCLUDING DISH TV AND SLING TV   * DIRECTV: ESTIMATES COMBINATION HAS POTENTIAL TO GENERATE COST SYNERGIES OF ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TV","symbol_name":"墨西哥电视","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2471805671","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2471805671","pubTimestamp":1727694009,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Sept 30  - DIRECTV:    * DIRECTV TO BUY ECHOSTAR’S VIDEO DISTRIBUTION BUSINESSES INCLUDING DISH TV AND SLING TV   * DIRECTV: ESTIMATES COMBINATION HAS POTENTIAL TO GENERATE COST SYNERGIES OF AT LEAST $1 BILLION PER ANNUM   * DIRECTV: AT CLOSE, ECHOSTAR WILL HAVE REDUCED TOTAL CONSOL DEBT BY $11.7 BILLION AND CUT ITS CONSOL REFINANCING NEEDS THROUGH 2026 BY $6.7 BILLION   * DIRECTV: DISH AND DIRECTV HAVE COMMENCED EXCHANGE OFFER FOR 5 DIFFERENT SERIES OF DISH NOTES WITH TOTAL FACE VALUE OF ABOUT $9.75 BILLION   * DIRECTV: DEAL IN EXCHANGE FOR NOMINAL CONSIDERATION OF $1 PLUS ASSUMPTION OF DISH NET DEBT   * DIRECTV: CO, TPG ANGELO GORDON, SOME CO-INVESTORS TO PROVIDE $2.5 BILLION OF FINANCING TO ECHOSTAR TO FULLY REFINANCE DISH’S NOV 2024 DEBT MATURITY","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TV":"墨西哥电视","SATS":"回声星通信","DISH":"Dish Network","BK4089":"非传统电信运营商","BK4585":"ETF&股票定投概念","BK4588":"碎股","BK4100":"有线和卫星"},"translate_title":"简介-DIRECTV将收购EchoStar的视频分发业务，包括DISH TV和Sling TV","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DISH":1,"SATS":1,"TV":1},"content_text":"Sept 30 (Reuters) - DIRECTV:    * DIRECTV TO BUY ECHOSTAR’S VIDEO DISTRIBUTION BUSINESSES INCLUDING DISH TV AND SLING TV   * DIRECTV: ESTIMATES COMBINATION HAS POTENTIAL TO GENERATE COST SYNERGIES OF AT LEAST $1 BILLION PER ANNUM   * DIRECTV: AT CLOSE, ECHOSTAR WILL HAVE REDUCED TOTAL CONSOL DEBT BY $11.7 BILLION AND CUT ITS CONSOL REFINANCING NEEDS THROUGH 2026 BY $6.7 BILLION   * DIRECTV: DISH AND DIRECTV HAVE COMMENCED EXCHANGE OFFER FOR 5 DIFFERENT SERIES OF DISH NOTES WITH TOTAL FACE VALUE OF ABOUT $9.75 BILLION   * DIRECTV: DEAL IN EXCHANGE FOR NOMINAL CONSIDERATION OF $1 PLUS ASSUMPTION OF DISH NET DEBT   * DIRECTV: CO, TPG ANGELO GORDON, SOME CO-INVESTORS TO PROVIDE $2.5 BILLION OF FINANCING TO ECHOSTAR TO FULLY REFINANCE DISH’S NOV 2024 DEBT MATURITY((Reuters.Briefs@thomsonreuters.com;;))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2471805671"}