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Will DirecTV and Dish Merge? Satellite TV Operators Are Reportedly Close to a Deal
DirecTV and Dish Network -- two longtime rivals that have explored joining up at various times for decades -- may be headed to the altar.
As the pay-TV sector continues its downward spiral, DirecTV and Dish Network — two longtime rivals that have explored joining up at various times for years — may be headed to the altar. The deal is being driven by EchoStar CEO Charlie Ergen’s desire to pay off $1.98 billion of debt that matures in November 2024, CNBC reported. Better to have one [satellite TV operator] than none,” MoffettNathanson principal analyst Craig Moffett wrote in a note to clients last week.
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