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View Full Version : DirecTV completes acquisition of 180 Connect & UniTek USA transactions


Steve615
07-09-08, 04:18 PM
DirecTV announced today that they have completed their transaction to acquire 180 Connect.With the acquisition of 100% of its outstanding common stock,180 Connect now becomes a wholly-owned subsidiary of DirecTV.
180 Connect was one of North America's largest providers of installation,integration and fulfillment services to the home entertainment,communication and home integration services.
In a related transaction,UniTek USA,LLC has acquired 180 Connect's cable services operating unit and certain DirecTV installation services from DirecTV,in exchange for UniTek's satellite installation services in
New York
Burbank,California
Bloomington,California
and cash.
Press release from DirecTV at the following link.

http://dtv.client.shareholder.com/releasedetail.cfm?ReleaseID=320512

Steve615
07-15-08, 12:55 PM
http://biz.yahoo.com/bw/080715/20080715005829.html?,v=1

dcowboy7
07-15-08, 01:10 PM
....and this means for us ?

Steve615
07-15-08, 01:26 PM
If you read the article from the link in post #2,it means more future broadband and cable related services,such as installations and repairs for residents of Louisiana and North Carolina.Since it is considered business related to DirecTV Group Inc.,the info was posted.
:)