Echostar Corporation to Acquire Hughes CommunicationsFebruary 17, 2011 at 11:07 am | Posted in Space Law Current Events | Leave a comment
by Sara M. Langston with the blog faculty
Source: Space Mart
EchoStar Corporation and Hughes Communications, Inc. have announced an agreement pursuant to which EchoStar will acquire all of the outstanding equity of Hughes and its subsidiaries including its main operating subsidiary, Hughes Network Systems, L.L.C. in a transaction valued at approximately $2 billion, including Hughes debt expected to be refinanced in connection with the transaction.