Acquisition | DISH NETWORK CORP-A | 2nd January 2024
Initially announced on August 9, 2023, and amended on October 3, 2023, ECHOSTAR CORP made a stock offer for DISH NETWORK CORP-A of 0.350877 shares per DISH NETWORK CORP-A share held. Pending the completion of customary closing conditions, the Acquisition is tentatively scheduled to be completed on December 31, 2023. Trading in shares of DISH NETWORK CORP-A is expected to be halted effective January 2, 2024.
- DISH NETWORK CORP-A will be removed from the Index.
- The weight of DISH NETWORK CORP-A (DISH.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 02/01/2024
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- DISH NETWORK CORP-A will be removed from the Index.
- The shares of ECHOSTAR CORP (SATS.OQ) will be increased according to the stock terms of the transaction.
- Effective Date (open): 02/01/2024
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