DISH Network recently announced that it has entered into an all-stock deal to buy the satellite services business from EchoStar Corporation (SATS - Free Report) .
The deal, which is valued at $800 million, helped DISH get hold of a business that manages and provides broadcast satellite services.
Per the deal, DISH is entitled to certain operations and assets including Echostar’s Broadcast Satellite Service (BSS) business for about 22.9 million of its shares. Notably, the BSS business includes nine direct broadcast satellites (DBS), licensing for the 61.5-degree orbital slot, key staff accountable for satellite operations and a few real estate properties.
DISH Network Corporation Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
DISH Network recently announced that it has entered into an all-stock deal to buy the satellite services business from EchoStar Corporation (SATS - Free Report) .
The deal, which is valued at $800 million, helped DISH get hold of a business that manages and provides broadcast satellite services.
Per the deal, DISH is entitled to certain operations and assets including Echostar’s Broadcast Satellite Service (BSS) business for about 22.9 million of its shares. Notably, the BSS business includes nine direct broadcast satellites (DBS), licensing for the 61.5-degree orbital slot, key staff accountable for satellite operations and a few real estate properties.
DISH Network Corporation Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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