DirecTV has terminated its deal with EchoStar to acquire Dish DBS following bondholders’ opposition to the debt-exchange proposal. The merger would have created the largest U.S. pay-TV provider, with ...

DirecTV on Thursday formally announced that it was nixing the agreement with EchoStar to buy Dish Network. The deal is being terminated effective as of 11:59 p.m. ET on Nov. 22, DirecTV said.

DirecTV today announced an agreement to buy the Dish satellite TV and Sling TV streaming business from EchoStar for a nominal fee of $1 in what the companies called a debt exchange transaction.

DirecTV and Dish have agreed to combine in a deal that will create the biggest pay-TV provider in the US with about 18 million subscribers. Under the terms of the transaction, DirecTV will acquire ...