AT&T and TPG are in talks to combine their DirecTV service with Dish, sources say, in a long-talked-about deal that could create the largest pay-TV provider in the US
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dish apparently has a lot of debt so I don't think will want to buy up all that debt. Time will tell.
Merging two sinking ships still results in a sinking ship.
A YouTuber said it could be split in half. I doubt that. Dish has a lot of debt due in Nov. AT&T has more subscribers. Even if AT&T buys the deal like other mergers can take time. It has not even been announced yet. if memory serves me right, when Kmart and sears merged there were layoffs before the merger itself was done.
All comes down to who is acquiring who in terms of layoffs.