DirecTV terminates Dish deal over failed debt swap
By Gnaneshwar Rajan (Reuters) -U.S. satellite TV provider DirecTV said on Thursday it had terminated its agreement to acquire Echostar (NASDAQ:SATS)’s satellite television business, which includes rival Dish TV, over a failed debt-exchange offer. The deal would have created one of the nation’s largest pay TV distributors with a combined 20 million subscribers. For the…