For investors in DISH Network Corporation, two big news releases arrived before Tuesday’s Opening Bell on the Nasdaq market. One contained DISH’s second quarter 2023 earnings results. The other offered details surrounding the decision by DISH to merge its operations with EchoStar Corporation.
The combination of the businesses will come via an all-stock merger at a fixed exchange ratio. The transaction was negotiated and recommended by Special Committees of Independent Directors of both companies and unanimously approved by the Boards of Directors of both companies.
