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EchoStar Unit's Merger Deal With DirecTV Falls Apart Over Failed Debt Swap
Sector Update: Tech
Due to the failure of the debt swap, DirecTV terminated the acquisition of Dish, a subsidiary of echostar (SATS.US).
The usa satellite television provider DirecTV announced on Thursday that it has terminated the agreement to acquire the echostar satellite television business due to the failure of the debt exchange proposal.
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