Buxton Helmsley Issues Letter to EchoStar Directors

Jan. 22, 2024, 2:08 PM UTC

Buxton Helmsley issued a letter to the board of EchoStar related to its merger with Dish Network.

  • Believes that “EchoStar equity has now been rendered worthless, with that remaining true unless major recapitalization were to occur,” according to the letter
  • NOTE: Dish Creditors Send Letter to Company Alleging Debt Swap Fraud

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To contact the reporter on this story:
Ilya Banares in Toronto at ibanares@bloomberg.net

To contact the editor responsible for this story:
Sunil Kesur at skesur@bloomberg.net

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