Key Developments: DISH Network Corp (DISH.O)

DISH.O on Nasdaq

65.56USD
2 Sep 2014
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$0.75 (+1.16%)
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Latest Key Developments (Source: Significant Developments)

DISH Network Corp announces change in CFO
Friday, 22 Aug 2014 07:05am EDT 

DISH Network Corp:Announced that Robert Olson, DISH's executive vice president and CFO, will retire from company Oct. 15.Steve Swain, senior vice president of Programming, will succeed Olson as CFO.  Full Article

DISH Network Corp and A+E Networks agree to multi-year renewal
Tuesday, 5 Aug 2014 08:06am EDT 

DISH Network Corp and A+E Networks:Says that they have agreed to terms for a multi-year contract renewal that provides DISH customers with access to A+E Networks' high-quality content, and programming from A&E's entire portfolio.This innovative agreement includes OTT multi-stream rights for live and Video-on-Demand content.It also expands DISH customers' access to programming on the satellite service through increased distribution of H2 and FYI in the America's Top 200 programming package, as well as authenticated live and Video-on-Demand A+E Networks' programming on Internet-connected devices.  Full Article

Walt Disney Co and DISH Network signs long-term agreement
Monday, 3 Mar 2014 08:30pm EST 

Walt Disney Co and Dish Network:Announced a long-term, distribution agreement.Agreement provide DISH customers with access to Disney's sports, news and entertainment content across televisions, computers, smartphones, tablets, gaming consoles and connected devices.The agreement will result in dismissal of all pending litigation between the two companies, including disputes over PrimeTime Anytime and AutoHop.  Full Article

Dish Network Corp's Blockbuster LLC completes sale of Mexican Subsidiary
Tuesday, 14 Jan 2014 03:59pm EST 

Dish Network Corp:Says its Blockbuster L.L.C that it has completed the sale of Blockbuster Mexico to Grupo Elektra, a company owned by Grupo Salinas.Says New York based investment bank Athelera L.L.C. advised Blockbuster L.L.C. on this transaction.  Full Article

Dish Network Corp terminating LightSquared bid - Reuters
Wednesday, 8 Jan 2014 10:40pm EST 

Dish Network Corp:Says it is terminating its bid for LightSquared Inc, the bankrupt telecom firm whose wireless spectrum Dish has been coveting - Reuters.  Full Article

LightSquared Inc Lodges Claims Against Ergen, Dish Network Corp-Reuters
Sunday, 17 Nov 2013 02:00pm EST 

Reuters reported that LightSquared Inc has filed a lawsuit accusing Dish Network Corp and its chairman, Charles Ergen, of improperly trying to take control of LightSquared's broadband spectrum. The lawsuit, filed in the U.S. bankruptcy court in New York late on November 15, 2013, is an effort to revive an earlier case by LightSquared's controlling stakeholder, Phil Falcone's Harbinger Capital Partners, that was thrown out last month. LightSquared alleges that Dish, Ergen, and other Ergen-controlled entities made improper trades and violated a key credit agreement in order to become LightSquared's creditor, with the intention of taking control of LightSquared's spectrum, the airwaves used for wireless communications. In its lawsuit on November 15, 2013, LightSquared alleged that an Ergen entity surreptitiously amassed a controlling block of LightSquared loans. It said this entity delayed the closing of a number of loan trades to hide the identity of the buyer, namely Ergen, and derail negotiations with creditors as LightSquared neared the end of a deadline to file a restructuring plan. The lawsuit seeks to disallow Ergen’s claims in the bankruptcy process that result from the debt purchases and subordinate those claims behind other creditors. It is also seeking punitive and compensatory damages. LightSquared's complaint on November 15, 2013 was styled as a complaint-in-intervention, meaning LightSquared is essentially trying to step in as a plaintiff in an earlier lawsuit.  Full Article

Media General Inc And DISH Network Corp's DISH Network L.L.C. Reach Retransmission Consent Agreement
Saturday, 16 Nov 2013 04:20pm EST 

Media General Inc and DISH Network L.L.C., a wholly owned subsidiary of DISH Network Corp announced that they have reached an agreement for carriage of Media General's television stations in 17 markets. Terms of the agreement were not disclosed. Media General stations in the following markets will be available to Dish subscribers effective November 16, 2013: Augusta, Ga.; Birmingham, Ala.; Charleston, S.C.; Columbus, Ga.; Columbus, Ohio; Greenville, N.C.; Greenville/Spartanburg, S.C.; Hattiesburg, Miss.; Jackson, Miss.; Mobile, Ala./Pensacola, Fla.; Florence/Myrtle Beach, S.C.; Providence, R.I.; Raleigh/Durham, N.C.; Roanoke/Lynchburg, Va.; Savannah, Ga.; Tampa/St. Petersburg, Fla. and Tri-Cities, Tenn./Va.  Full Article

Harwood Feffer LLP Announces Investigation of Dish Network Corp
Wednesday, 11 Sep 2013 10:25pm EDT 

Harwood Feffer LLP announced that it is investigating potential claims against the board of directors of Dish Network Corp concerning whether the board has breached its fiduciary duties to shareholders. The investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.  Full Article

Dish Network Corp Announces Withdrawal Of Clearwire Tender Offer
Wednesday, 26 Jun 2013 04:02pm EDT 

Dish Network Corp announced that its wholly-owned subsidiary, DISH Acquisition Holding Corporation, is withdrawing its tender offer to acquire all of the outstanding shares of Class A Common Stock of Clearwire Corporation (Clearwire), including any shares of Class A Common Stock issued in respect of outstanding shares of Class B Common Stock, for $4.40 per share. DISH’s tender offer provided that it could be withdrawn, among other reasons, as a result of the recent change in recommendation by Clearwire.  Full Article

Dish Network Corp Abandons Sprint Nextel Corp Bid To Focus On Clearwire Corp-Reuters
Tuesday, 18 Jun 2013 09:30am EDT 

Reuters reported that Dish Network Corp would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel Corp in time for a Tuesday deadline and would instead focus on its tender offer for Clearwire Corp. Dish said it would consider its options with respect to Sprint without providing further details. While missing the deadline would make it more complicated for Dish to make a new offer, in theory Sprint would have to consider any new offers it gets ahead of a June 25 shareholder vote on the SoftBank deal.  Full Article

Deals of the day- Mergers and acquisitions

(Adds Dish Network, United Biscuits, Glencore, Lanxess, KKR)

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