Log In   |  Register Free Newsletter Subscription
Skip navigation
Zibb
Subscribe to Multichannel News
RSS
Reprints/License
Print
Email

Dish Takeover Talks Heat Up

By Monica Hogan -- Multichannel News, 6/13/2001 7:56:00 AM

EchoStar Communications Corp. declined comment on a report in The Wall Street Journal Wednesday that said it was securing financing for a takeover bid of DirecTV Inc. parent Hughes Electronics Corp.

Late Tuesday, EchoStar said the two companies had filed a joint motion to extend the deadline for EchoStar to file key comments in the antitrust suit it filed against DirecTV last year.

With the contentious lawsuit on hold, the companies are in a better position to discuss whether a merger between them would make sense. EchoStar said it will drop the lawsuit if merger talks are successful.

Monday night, EchoStar chairman Charlie Ergen told viewers of his 'Charlie Chat' that he is interested in buying DirecTV, but the companies have not yet begun formal negotiations.

Hughes and News Corp. chairman Rupert Murdoch are conducting due diligence about a possible merger of DirecTV into News Corp.'s SkyGlobal Networks.

RSS
Reprints/License
Print
Email
Talkback
Related Content
More >>>

Reed Business Information Resource Center

Featured Company


Most Recent Resources

Advertisement

Related Microsite Content

Related Links

More Content
  • Voices
  • Photos
  • Podcasts

Sorry, no blogs are active for this topic.

VIEW ALL VOICES RSS
HALL OF FAME WELCOME

2009 CABLE HALL OF FAME

Some snapshots from the 2009 Cable Hall of Fame induction, part of Cable Connection-Fall in Denver on Oct. 27.
HIGH ACHIEVER

2009 ACC FORUM

The Association of Cable Communicators headed west from Washington, D.C., to Denver as its 2009 Forum and Beacon Awards ceremony became part of Cable Connections-Fall festivities.
Curtain Rises

CTAM SUMMIT: DAY ONE

Snapshots from day one of CTAM Summit '09 in Denver. Photos by John Staley.

free marketing module graphic
Advertisement
Multichannel Subscription
NEWSLETTERS
Multichannel Newswire
HD Update
Cable Technology
VOD Newsletter
Hispanic TV Update
HD Programming
Multicultural Newsletter
B&C NewsCentral
Television Careers



Please read our Privacy Policy

About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   Subscription   |   Affiliate Links   |   RSS
© 2009 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy
Please visit these other Reed Business sites