- Nov 29, 2003
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TPG is telegraphing that by constantly changing/adding more days to the deadline.They probably believe TPG will up their offer.
After the bond holders rejected the first offer TPG said they would not change the offer and then they did. If TPG doesn't they will probably vote again to accept it before the 22nd rolls around. They know they still have 10 days left.
Actually, there is more risk going with TPG, considering how terrible the Traditional TV Market is, staying with Echostar might be the better gamble, at least they have the spectrum.