Breaking News: Judge Denies Pegasus TRO

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Scott Greczkowski

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DirecTV says can sell services in Pegasus area
Monday June 21, 6:57 pm ET

http://biz.yahoo.com/rc/040621/media_directv_1.html

NEW YORK, June 21 (Reuters) - DirecTV Inc. (NYSE: DTV - News), the Rupert Murdoch (News) -controlled satellite television broadcaster, on Monday said a federal judge has denied a temporary restraining order preventing it from marketing its service in areas served by Pegasus Communications Corp. (NasdaqNM: PGTV - News)

The ruling from U.S. bankruptcy court in Portland, Maine, lets the largest U.S. satellite TV service sell into areas operated by Pegasus, a reseller of DirecTV service.

Pegasus sued DirecTV in bankruptcy court in June, charging it with joining forces with the National Rural Telecommunications Cooperative with joining to "destroy" Pegasus.
 
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