If at first, you don’t succeed, try, try again: Satellite television giant DirecTV is on the verge of acquiring its biggest rival, Dish, with a deal possible as soon as Monday, The Wall Street Journal reports.
Dish’s Sling TV streaming platform would also be part of the deal.
According to the Journal, the potential merger would enable DirecTV owners AT&T and private equity firm TPG to slash expenditures, while Dish owner EchoStar would gain the means to satisfy upcoming debt payments.
The emergence of streaming platforms has taken its toll on both satellite services, as New Street Research pegged their combined U.S.
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