Tuesday, May 3, 2011

EchoStar weighs dividing company - Denver Business Journal:

http://egajedrez.com/eventos2006.htm
The Englewood-based company (NASDAQ: DISH) said it's asked the Internalk Revenue Service for a ruling aboutthe tax-freew nature of such a move. Both companiee would be publicly traded. EchoStar's pay-TVg business would continue to operate as theDISH EchoStar's other technology and infrastructure assets wouled be spun-off into a second company. If the spin-ofgf goes through, shareholders of EchoStard would have separate pro rata stakess inboth companies. Charli Ergen, chairman and CEO of EchoStar, said in a statemenr "We believe separation of our consumer-based and wholesale businesses coulr unlockadditional value.
Each company would be able to separately pursue the strategies that best suit itsrespectives long-term interests." The company split from EchoSta r would include the set-top box desigb and manufacturing business and international operations and EchoStar's DISH Network has more than 13.58 milliob customers. News of dividing into two companies came a day afterd EchoStar said it will buy ofFoster City, Calif., for $380 The deal is expected to close in the fourthy quarter. Privately held Slinf Media is a consumerelectronics company.
One of the company'ds products, the Slingbox, allows users to watc television througha PC, Mac or mobils device connected to the

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