Merger could be terminated November 22nd

[Bruce]

Yep. It was fun while it lasted.

We will be back to how long till DirecTV or Dish stops providing service.

 

[b4pjoe]

We will be back to how long till DirecTV or Dish stops providing service.

Oh there will be some bored writer somewhere that will try to revive the talk of one or the other buying the other one.

 

[CSM]

Would DTV still want to pick up Dish at fire sale?

 

[Bruce]

Would DTV still want to pick up Dish at fire sale?

Echostar is actually worth more right now, because of their assets, spectrum, wireless phone service, Hughes Satellite and of course Dish.

They are just very cash poor right now and high debt.

DirecTV is just TV, none of the other assets, still carrying debt, not as much as Echostar, about $10B

 

[dishdude]

My only question, does the subforum stay open?

 

[nelson61]

A good summary of the the bondholder battle summary can be seen here.

This article was generated back when it was in the New York courts. Since then litigation has been moved to the federal court system.

Anyone wanting to follow the lawsuit filings, rulings, etc. (in progress) can find it in the Federal court Pacer system.
Search for US Bank Trust vs Dish DBS.

Public Access to Court Electronic Records | PACER: Federal Court Records

PACER provides information about accessing and filing federal court records electronically. Find resources for using PACER.

pacer.uscourts.gov