Echostar sets details of BSS sale transaction with Dish Network

Monday 12 August 2019 | 11:12 CET | News
Echostar has published details of the all-share transaction that will result in its BSS business becoming a wholly owned subsidiary of Dish Network. As announced in May, BSS will be spun off and then combined with a subsidiary of Dish. Echostar said that shareholders will be eligible for a distribution from the transaction as of 19 August. Completion of the merger, subject to closing conditions, is expected no earlier than 10 September.

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Categories: Broadcast & Satellite
Companies: Dish Network / EchoStar
Countries: United States
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