AT&T Switches to from Dish to DirecTV
“There were growing signs in recent months that AT&T might choose DirecTV over Dish. In July, AT&T said it would terminate its contract with Dish but would continue to evaluate the prospects of a new partnership. In June, Dish disclosed that AT&T had requested that the satellite-TV company buy back $500 million in convertible debt held by the telecoms concern, which raised questions about the future of their alliance.
Dish shares, which ended at $24.55 on the Nasdaq Stock Market Friday in 4 p.m. trading, was down 5.9% in after-hours trading. DirecTV shares were up 2.3% to $27.15 in after-hours trading.”
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
That’s fine, but what about Bing Crosby’s beating of his children? That must never be forgotten.