Joined
·
11,498 Posts
The Federal Communications Commission team reviewing the pending merger between EchoStar and DirecTV is back on the clock.
That could mean a decision from the agency on the deal may surface sometime in the fall, possibly November. The FCC review was halted in March while the agency waited for documents from the companies.
According to wire reports, the FCC tries to complete its review of license transfers within 180 days. It had stopped the clock for the EchoStar deal on the 77th day. Still, the 180-day clock is not always adhered to when involving big deals, like the FCC review of the AOL-Time Warner merger, which lasted almost a year.
From SkyReport (Used with Permission)
That could mean a decision from the agency on the deal may surface sometime in the fall, possibly November. The FCC review was halted in March while the agency waited for documents from the companies.
According to wire reports, the FCC tries to complete its review of license transfers within 180 days. It had stopped the clock for the EchoStar deal on the 77th day. Still, the 180-day clock is not always adhered to when involving big deals, like the FCC review of the AOL-Time Warner merger, which lasted almost a year.
From SkyReport (Used with Permission)