directv (DTV) Key Developments
DirecTV's Investor Sues to Block AT&T's Takeover Bid
May 22 14
An investor of DirecTV has sued to block the USD 48 billion takeover bid of AT&T, calling the offer 'inadequate.' Earlier, AT&T had said that it will pay USD 95 for each share of DirecTV, split between USD 28.50 in cash and the equivalent of USD 66.50 in stock.
AT&T, Inc., DIRECTV - M&A Call
May 19 14
To discuss about AT&T to acquire DIRECTV
Vixs Systems Inc. Files Patent Infringement Lawsuit Against DIRECTV
May 14 14
ViXS Systems Inc. on April 17 filed a patent infringement lawsuit against DIRECTV, claiming that satellite receivers and other devices currently used for receiving DIRECTV's service infringe on its patents. The satellite TV company said in a May 12 Form 10-Q filing that it is in the process of evaluating the claims. In addition, ViXS Systems submitted to the International Trade Commission a request to commence an investigation regarding its patent claims against DIRECTV and certain companies alleged to be manufacturers of devices for DIRECTV. Meanwhile, during the first quarter, DIRECTV Argentina entered into an agreement regarding its litigation with Sociedad Argentina de Gestion de Actores Interpretes, or SAGAI, which sued the DIRECTV unit in 2009 over the payment of performance rights fees. DIRECTV Argentina and SAGAI agreed to settle all claims for the time period up to Dec. 31, 2013, and came to terms on a rate to be paid going forward.
DIRECTV And Dish Network Deal Is Unlikely
May 8 14
Charlie Ergen, Chairman of, Dish Network Corp. (NasdaqGS:DISH), said a deal with DIRECTV (NasdaqGS:DTV) was unlikely. Ergen said he couldn’t afford such a deal as DirecTV’s share price has become a bit too frothy.
DIRECTV Presents at The MoffettNathanson Media & Communications Summit, May-15-2014 09:00 AM
May 6 14
DIRECTV Presents at The MoffettNathanson Media & Communications Summit, May-15-2014 09:00 AM. Venue: Le Parker Meridien, 119 West 56th Street, New York, NY 10019, United States. Speakers: Patrick T. Doyle, Chief Financial Officer and Executive Vice President.