Satellites Align: Dish and DirecTV Could Be the Next Big Media Merger
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Dish Network Corp. Chairman Charlie Ergen recently contacted DirecTV Chief Executive ******r Mike White to discuss a Merger of the two satellite television companies, according to several people with k**wledge of the matter. Shares of both companies rose.
Ergen made the approach in response to Comcast Corp.'s $45 billion acquisition of Time Warner Cable Inc. in mid-February, one of the people said, asking **t to be identified discussing confidential information. White is reluctant to push forward with formal talks out of concern regulators may block the deal because the two companies directly compete with each other, a**ther person said. Read more...
03-27-2014, 01:43 AM
Satellites Align: Dish and DirecTV Could Be the Next Big Media Merger
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