D2h Merging with DISH

[Sateesh_Hyd]

Hello All..,

BIG NEWS....


Dish TV is in the final stages of acquiring Videocon D2H to create India’s largest direct-to-home (DTH) player with almost 45 percent market share.

Read more at: Dish TV, Videocon D2H in final stages of merger deal: Sources


Thanks
Sateesh

 

[Thakur]

RE: CONFIRMED : D2h Merging with DISH

Dish TV is in the final stages of acquiring Videocon D2H to create India’s largest direct-to-home (DTH) player with almost 45 percent market share.

Sources tell CNBC-TV18 it is likely to be a cash and share-swap deal and will be used to pay off lenders of debt-laden Videocon D2H, who have been skeptical over its ability to service the debt.

Videocon D2H is listed on Nasdaq via American Depository Receipts (ADR) and by the way of this acquisition Dish TV will also get listed on Nasdaq.

The deal size as well as valuation for Videocon D2H is anticipated to be lower than
USD one billion.

Both the companies have denied any deal talks

Dish TV, Videocon D2H in final stages of merger deal: Sources - Moneycontrol.com

 

[Nilu334]

RE: CONFIRMED : D2h Merging with DISH

Dish TV is in the final stages of acquiring Videocon D2H to create India’s largest direct-to-home (DTH) player with almost 45 percent market share.

Sources tell CNBC-TV18 it is likely to be a cash and share-swap deal and will be used to pay off lenders of debt-laden Videocon D2H, who have been skeptical over its ability to service the debt.

Videocon D2H is listed on Nasdaq via American Depository Receipts (ADR) and by the way of this acquisition Dish TV will also get listed on Nasdaq.

The deal size as well as valuation for Videocon D2H is anticipated to be lower than
USD one billion.

Both the companies have denied any deal talks.

Watch video for more..

 

[Sarkar]

RE: CONFIRMED : D2h Merging with DISH

It's true that banks are putting lots of pressure on Videocon to sell their DTH business but still both have denied any such talk which is also mentioned in your link . So how can it be confirmed news ?

 

[sam]

RE: CONFIRMED : D2h Merging with DISH

:damn

it is confirmed by moneycontrol.com
& It is saying both denied to talk.....

Hope something good will happen

 

[Sarkar]

RE: CONFIRMED : D2h Merging with DISH

It was confirmed earlier also by some other media house then later dishtv published a notification and claimed all these are rumours only

 

[sam]

RE: CONFIRMED : D2h Merging with DISH

It was confirmed earlier also by some other media house then later dishtv published a notification and claimed all these are rumours only

No bro...
My above post is not a reply to you...

i also have doubts regarding confirmation....

 

[smileguy]

RE: CONFIRMED : D2h Merging with DISH

most business talks will always begin with a denial to avoid speculations. Lets say if it happens to be true ,will Vcon use ST2 satelite or Dish tv's satelite ?

 

[vivekg123]

CONFIRMED : D2h Merging with DISH

when d2h merged with dish tv is it good for d2h customers??? plse tell brothers

 

[vivekg123]

CONFIRMED : D2h Merging with DISH

what is the fate of d2h employees???