DirecTV Acquires Dish for Dollar

This is a US news story, published by Verge, that relates primarily to Dish news.

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Dish merger

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wider satellite TV business

Verge

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DirecTV and Dish are merging

Summary

Nutrition label

71% Informative

Private equity firm TPG has arranged a two -step agreement to buy the remaining 70 percent of DirecTV that it didn’t already own from AT&T for a reported $7.6 billion .

The deal would combine Dish ’s roughly 8.1 million subscribers with the 11 million US subscribers under DireCTV.

EchoStar 's parent company EchoStar has no means to pay $2 billion of its $20 billion debt.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive