Subsequent Events

6 Months Ended

Jun. 30, 2023

Subsequent Events

Subsequent Events

14. Subsequent Events

On August 8, 2023, DISH Network entered into an Agreement and Plan of Merger (the “Merger Agreement”) with EchoStar Corporation, a Nevada corporation (“EchoStar”), and Eagle Sub Corp, a Nevada corporation and a wholly owned subsidiary of DISH Network (“Merger Sub”).  DISH Network’s Board of Directors (the “Board”), acting upon the unanimous recommendation of a special transaction committee of independent directors of the Board, has unanimously approved and declared advisable the Merger Agreement and the transactions contemplated by the Merger Agreement.

The Merger Agreement provides, among other things, that subject to the satisfaction or waiver of the conditions set forth therein, DISH Network will acquire EchoStar by means of a merger of Merger Sub with and into EchoStar (the “Merger”), with EchoStar surviving the Merger as DISH Network’s wholly owned subsidiary. For more information and a copy of the Merger Agreement see Form 8-K of DISH Network Corporation filed August 8, 2023.