DirecTV to buy debt-laden rival Dish for $1 after decades-long pursuit

DirecTV agreed to buy satellite rival Dish network Monday, ending decades of on-and-off talks in a deal that will create one of the country’s largest pay TV distributors with a combined 20 million subscribers. Dish, owned by EchoStar, has been weighed down with billions of dollars of debt and faced the prospect of a looming...

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