EchoStar Buys Hughes
Englewood, Colorado-based EchoStar said today that it is acquiring satellite communications provider Hughes Communications, Inc. in a deal worth approximately $2 billion. EchoStar said it would acquire all of the outstanding equity of Hughes and its subsidiaries including its main operating subsidiary, Hughes Network Systems, LLC. Hughes is a provider of broadband satellite technology.
posted on Monday, February 14, 2011
Related companies:
EchoStar Communications Corporation
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