Can a BK happen still in Nov? What does this article mean?
https://variety.com/2024/biz/news/dish-directv-deal-debt-default-credit-rating-1236165881/
8 replies (most recent on top)
Dish isn't for everyone. Turns out that also includes people who expect a reasonable rate of (or any) return on their investments.
Bold move Cotton. Let's see how it works out when Echostar goes trolling for funding in the future.
@1zpq+1uPVN9Qd
What ATT deal.DTV is owned by an equity firm now.ATT sold the rest of it right before the announcement.
Typical outcome of anything and everything to do with Charlie Ergen's business dealings...everyone else always get scrxwed in the end!
Who covers it?
Whether or not the acquisition is approved or not, Dish noted due November are covered.
Couldn't dish use money from at&t deal?
By notes do you mean debt? The debt that would be due in Nov? Do you there is a possibility they do not agree and DISH would have to do a BK?
Means if debt holders don't agree to reduction in the amount due, the deal falls through and Dish is on its own to pay its notes in November...