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AT&T Plans To Buy Echostar ?

 The rumor is being floated again that AT&T might buy Echostar (Dish Network) but remember these rumors have been floated around before so I am not going to believe anything till I see it, this rumor was floated back in 2005 over at endgadget. Neither AT&T or Echostar has commented on the possible buyout.

We’ve seen rumors floated for years that AT&T would someday buy satellite operator Echostar. Those rumors have heated up again of late thanks to TheStreet.com, who recently reported AT&T was offering a buyout at $55 a share, though EchoStar wanted $65 a share. Today The Street is reporting that AT&T has hired Goldman Sachs to manage the deal, which could be completed in as little as three to six weeks.

AT&T Plans To Buy Echostar – Hires Goldman Sachs to explore deal – dslreports.com

Endgadget 

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Filed under: F.T.A News, ,

4 Responses

  1. writingran49 says:

    There’s big money all around us, I guess.

  2. floyd says:

    Big Money,,the idea has been floated a long time but the talk is all over now so it could happen, thanks for dropping by Beth glad to see you.

  3. writingran49 says:

    No problem, you always have really interesting posts.

  4. floyd says:

    I have some wild ones on this blog.

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