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Bronze Member Username: Ei_toro_the_greatPost Number: 90 Registered: Feb-10 | EchoStar to Acquire Mexican Satellite Operator SATMEX February 26, 2010 Englewood, Colo., U.S.A., and Mexico City, Mexico -- Feb. 26, 2010 -- EchoStar Satellite Services, L.L.C., a subsidiary of EchoStar Corporation (NASDAQ: SATS), and Satélites Mexicanos, S.A. de C.V. (Satmex) announced today an agreement pursuant to which EchoStar will acquire an ownership interest in Satmex. Satmex is Mexico's leading satellite operator and delivers video, audio and data services to the Americas. MVS Comunicaciones, one of the largest media and telecommunications companies in Mexico and EchoStar's partner in the fast growing Mexican direct-to-home TV service Dish Mexico, will also participate in the ownership of Satmex through a joint venture with EchoStar. Together, EchoStar and MVS Comunicaciones will acquire all of the outstanding stock of Satmex. http://www.echostar.com/NewsEvents/PressReleases/PressRelease.aspx?prid=%7B7DA48 BCF-FB99-4AC5-96A8-F7480F735006%7D |
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Silver Member Username: BernardmiPost Number: 772 Registered: Dec-07 | The press release is vapourware ! Additional Information The tender offers described in this press release have not yet commenced, and this press release is for informational purposes only and is not an offer to buy, or the solicitation of an offer to sell, any securities. Satmex has not yet commenced any tender offer. http://www.echostar.com/NewsEvents/PressReleases/PressRelease.aspx?prid={7DA48BC F-FB99-4AC5-96A8-F7480F735006} |