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Deal values satellite broadcast provider at $16.3bn, far less than what telecoms group paid for it
Michael Klein’s Spac and private equity group Apollo among bidders for unit valued at close to $50bn just five years ago
It is easy to see why the activist investor thinks DirecTV should go
US telecoms group says it is on track to meet its deleveraging goals
Telecoms group’s chief vows to fight and warns decision will have chilling effect on deals
New distribution deals help Time Warner-owned channel weather the digital storm
DirecTV Now hopes to compete with Netflix, offering 100-plus channels from $35 a month
Dish-based premium television service to be sold on smartphones
Record M&A run is driving corporate debt issuance in US
The group acquired DirecTV for $49bn in 2014, but as subscribers turn off, is it buying into a dying industry?
Record numbers of Americans are unplugging their subscriptions
FCC proposes approval of deal with conditions covering interconnection agreements
Deal marks first foray into premium cable programming and live television feeds
New group would be able to use billions of dollars of ‘spectrum’
Government encouragement has helped space technology companies take off