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EchoStar Fortifies its Position as a Global Connectivity Leader with Unmatched Wireless, Satellite and Video Distribution Capabilities · ENGLEWOOD, Colo., Jan. 2, 2024 /PRNewswire / -- EchoStar Corporation (Nasdaq: SATS) ("EchoStar") announced today the completion of its acquisition of DISH Network Corporation ("DISH Network") on December 31, 2023. To complete the acquisition, a wholly owned subsidiary of EchoStar merged with and into DISH Network, with DISH Network surviving the merger as a w...
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EchoStar Corporation completed its acquisition of DISH Network Corporation on December 31, 2023. To complete the acquisition, a wholly owned subsidiary of EchoStar merged with and into DISH Network, with DISH Network becoming a wholly owned subsidiary of EchoStar. As a result of the merger, each share of DISH Network Class A Common Stock and DISH Network Class C Common Stock converted into 0.350877 shares of EchoStar Class A Common Stock, and each share of DISH Network Class B Common Stock conve...
Expected to Generate Significant Cost and Revenue Synergies ; Strong Asset Base and Enhanced Free Cash Flow Generation Position Combined Company for Growth and Value Creation ; LITTLETON and ENGLEWOOD, Colo., Aug. 8, 2023 /PRNewswire / -- DISH Network Corporation (Nasdaq: DISH) and EchoStar Corporation (Nasdaq: SATS) today announced they have entered into a definitive agreement for DISH Network to combine with EchoStar Corporation in an all-stock merger at a fixed exchange ratio. The transaction was negotiated and recommended by Special Committees of Independent Directors of both companies and unanimously approved by the Boards of Directors of both companies.