EchoStar, Hughes to File Changes with FCC

[John Corn]

WASHINGTON (Reuters) - EchoStar Communications Corp. (NasdaqNM:DISH - news) and Hughes Electronics (NYSE:GMH - news) on Wednesday planned to file with federal communications regulators changes to their proposed combination in an effort to salvage their $19.3 billion deal but declined to disclose details.

The top two satellite television providers are facing stiff opposition to their merger from the Federal Communications Commission (news - web sites) and the U.S. Justice Department (news - web sites)'s antitrust division because of fears they would dominate the market and hurt competition.

"We will be filing an amended application with the Federal Communications Commission," said EchoStar spokesman Marc Lumpkin. He declined to provide any details as did a spokesman for Hughes.

Full Story (http://story.news.yahoo.com/news?tmpl=story&u=/nm/20021127/bs_nm/media_hughes_fcc_dc_2)

[raj2001]

I thought the deal was dead?

Here we go again...:shrug:

[platinum]

it is

[bogi]

I am sure that the FCC was preety clear on it being Dead.

[AllieVi]

I recall reading that E* and D* are supposed to aggressively pursue the merger IAW their agreement. Any payment due from one to the other if (when) the deal fails may hinge on continuing to beat this dead horse until Jan 21.

[Edward E Suleski]

We will see if is dead now? :us:

[Edward E Suleski]

[COLOR=blue]:D I will be so happy if the merger of D/E happens.:welcome: :goodjob: :wave: :hurah: :rolling: :us: :grin: :sure: :rotfl: