DirecTV Revisits Merger Deal With EchoStar

Law360, New York (March 29, 2006, 12:00 AM EST) -- Although a merger between the two companies fell apart in 2002, satellite television operator DirecTV Group Inc. is reconsidering a deal to purchase smaller rival EchoStar Communications Corp. But regulatory competition concerns still present a major hurdle.

The deal collapsed in 2002 after drawing fire from the Federal Communications Commission, which claimed the combination of the top two satellite companies would diminish competition. DirecTV believes it still would face opposition to a merger with its rival.

Mike Palkovic, chief financial officer of DirecTV, acknowledged that although...
To view the full article, register now.