Moody's says DISH's asset transfer with Echostar credit positive For DISH (Ba3 CFR), does not impact ratings
New York, February 01, 2017-- Moody's Investors Service said that DISH Network Corporation's announcement on January 31, 2017, that it entered into an asset exchange agreement with Echostar Corporation in which DISH will receive Echostar's Technologies businesses and other assets in exchange for DISH's 80% tracking stock in Hughes Satellite Systems Corporation is credit positive. Included in the other assets is the remaining 10% equity stake in Sling TV.
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