YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Satellite TV provider DirecTV has canceled an agreement that called for it to merge with Dish.
“We have terminated the transaction because the proposed exchange terms were necessary to protect DirecTV’s balance sheet and our operational flexibility,” said Bill Morrow, CEO of DirecTV.
A debt-exchange deal was proposed in the agreement.
Read more from CNN.
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