DISH Network Corporation And EchoStar Corporation To Combine In All-Stock Merger; EchoStar Shareholders To Receive 2.85 Shares Of DISH Network Class A Stock Per EchoStar Share
Portfolio Pulse from Benzinga Newsdesk
DISH Network Corporation and EchoStar Corporation have announced an all-stock merger. EchoStar shareholders will receive 2.85 shares of DISH Network Class A stock per EchoStar share.
August 08, 2023 | 11:34 am
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DISH Network is merging with EchoStar in an all-stock deal. This could potentially dilute DISH's stock in the short term.
The all-stock merger means that new shares of DISH will be issued to EchoStar shareholders, which could lead to dilution of DISH's stock. This could potentially lead to a short-term decrease in DISH's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
EchoStar shareholders will receive 2.85 shares of DISH Network Class A stock per EchoStar share as part of the merger. This could potentially increase the value of EchoStar shares in the short term.
As part of the merger, EchoStar shareholders will receive 2.85 shares of DISH Network Class A stock per EchoStar share. This could potentially increase the value of EchoStar shares in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100