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DirecTV and Dish’s on-and-off merger saga switches back to off

Dish and DirecTV déjà vu.

By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. The deal would’ve created a TV service megamerger, but it fell through after Dish bondholders rejected the takeover. However, Dish bondholders — or the investors who lend money to a company (and expect to be paid back) — weren’t happy about the decision, as the transaction would’ve cut the value of their holdings by $1.5 billion.

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