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Dish and DirecTV stocks surge on merger reports

Discussion in 'News' started by Athlon646464, Mar 27, 2014.

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  1. Athlon646464

    Athlon646464 Gold Members DBSTalk Gold Club

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    Update: Dish and DirecTV stocks surge on merger reports

    Shares of Dish Network and DirecTV soared higher Wednesday following reports that the two satellite television companies are considering a merger.

    Bloomberg broke the news. Dish shares surged 9% following the report, while DirecTV rose 7.5%.

    Dish Network Corp. Chairman Charlie Ergen recently contacted DirecTV Chief Executive Officer Mike White to discuss a merger of the two satellite television companies, according to several people with knowledge of the matter.

    Dish and DirecTV declined to comment.

    Full Story Links & Continuing Discussion Here
     
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