Reported 7 days ago
Charlie Ergen's long-term goal of merging Dish Network with DirecTV hinges on gaining the agreement of reluctant creditors to accept significant losses on their investments. The proposed merger, which aims to create the largest U.S. pay-TV provider, involves complex negotiations requiring substantial concession from bondholders, many of whom are wary of the deal's terms despite the potential for a stronger combined entity.
Source: YAHOO