Shares In Dish Network Parent EchoStar Surge On Reports Of Yet Another Round Of Merger Talks With DirecTV

Shares in Dish Network parent EchoStar climbed 7% in early trading Monday in the wake of reports that the satellite TV division is once again discussing a merger with DirecTV. The companies have long coveted a combination, though a formal proposal was scuttled by the FCC in 2002. A lot has happened in the intervening two decades and the companies are experiencing major stress due to cordcutting. If the two were to pull off a merger, it would create the largest pay-TV provider in the U.S., with a combined 19 ...