EchoStar shares are trading higher after the WSJ reported DirecTV is near a deal to acquire the company's Dish and Sling businesses.
Portfolio Pulse from Benzinga Newsdesk
EchoStar shares rise as DirecTV nears a deal to acquire its Dish and Sling businesses, according to WSJ.
September 27, 2024 | 5:38 pm
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EchoStar's stock price is rising due to reports of DirecTV nearing a deal to acquire its Dish and Sling businesses.
The news of a potential acquisition by DirecTV is a significant development for EchoStar, likely leading to a positive short-term impact on its stock price as investors anticipate the benefits of the deal.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 90