Justice Department Not Happy With EchoStar-DirecTV Deal
from the try,-try-again dept
It appears the insanely long saga of what will happen to DirecTV is going to continue. The latest rumor is that the Justice Department is going to recommend that the merger be blocked. This, of course, means that Rupert Murdoch and News Corp. must be preparing to spend another few years into the negotiating process. Before Hughes finally agreed to sell DirecTV to EchoStar they had been bargaining with News Corp. forever. This is the merger story that will never end.