Dish, DirecTV reportedly in merger talks

Dish Network Corp. Chairman Charlie Ergen recently contacted DirecTV CEO Mike White to discuss a merger of the two satellite television companies, according to several people with knowledge of the matter.

Shares of both companies rose on the news, according to Bloomberg.

“Given the rapidly changing industry dynamics, everyone should be talking to everyone, and if you’re not you might be left behind,” said Walt Piecyk, an analyst with BTIG LLC. “I highly doubt that DirecTV is the only company that Ergen has spoken with."

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