EchoStar Stock Soars on Report Dish Close To Merging With DirecTV
EchoStar(SATS) Investopedia·2024-09-27 18:10
Key Takeaways DirecTV, owned by AT&T and private-equity firm TPG, and EchoStar's Dish reportedly are in advanced talks to merge. The Wall Street Journal said a deal for DirecTV to buy Dish could come as early as Monday. The paper noted that the two satellite-TV providers have been trying to come together for decades. Shares of EchoStar (SATS) soared Friday on a report that its Dish is in advanced talks to be acquired by satellite-TV rival DirecTV. The Wall Street Journal reported that the plan for DirecTV—o ...