[Scott Greczkowski]

NEW YORK, Oct 9 (Reuters) - Hughes Electronics Corp. and EchoStar Communications Corp. will likely abandon their $16.91 billion merger deal if it's not approved by regulators by Jan. 21, Eddy Hartenstein, DIRECTV chairman and chief executive said Wednesday.

The companies have specified Jan. 21 as a "drop dead date" for the merger to be completed. If it's not completed by then, either party has the right to terminate the deal, subject to break-up fees.

Read the rest at http://finance.lycos.com/home/news/story.asp?symbols=REUTERS:100&story=29012068

 

[timf]

I don't think they have to worry. It will be denied much sooner than that.

 

[Guest]

Originally posted by timf
I don't think they have to worry. It will be denied much sooner than that.

As they said, stick a fork in it, it's done!