NEW YORK (CBS.MW) -- Companies involved in EchoStar Communications' stalled acquisition of DirecTV could dump the deal by Jan. 21, DirecTV's chief executive said Wednesday, as the parties continue talks with regulators to gain approval for the merger.
DirecTV CEO: Jan. 21 deadline on EchoStar-Hughes merger
DirecTV and EchoStar (DISH: news, chart, profile) are now responding to concerns raised by the Department of Justice, said CEO Eddy Hartenstein, speaking at a satellite conference in Manhattan.
Read the Rest at
CBS Marketwatch
Note the article also mentions that the FCC will announce on Thursday if they will indeed grant the delay requested by DirecTV and Echostar.