DirecTV and Dish Network, longtime satellite TV adversaries, are set to merge. DirecTV announced a deal with Dish parent company EchoStar to acquire Dish in a deal valued at nearly $10 billion.
Under the terms of the purchase agreement, DirecTV will acquire EchoStar’s video distribution business, including Dish TV and Sling TV, in exchange for a “nominal consideration” of $1 (yes,…
