Satellite merger: DirecTV buys rival Dish and Sling
DirecTV announced that they are buying EchoStar’s video distribution business, including Dish TV and Sling TV. DirecTV will pay $1 and assume $9.75B worth of debt to buy rival Dish and Sling DirecTV said Monday that the transaction will help it bring smaller content packages to consumer at lower prices and essentially provide a one-stop shopping experience.