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Sling Media To Be Acquired By Echostar; Deal Valued At Approximately $380 Million

By Rafat Ali - Mon 24 Sep 2007 08:47 PM PST

imageEchoStar is acquiring Sling Media in a cash-and-options transaction valued at approximately $380 million. The deal was announced earlier tonight. The deal is subject to the usual closing conditions; it is expected to close in the fourth quarter. More on paidContent.org here.

Sling is available for sale in UK, and has also done a mobile TV place-shifting deal with 3.

Posted in: Gadgets, Money, M&A



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paidContent:UK covers the business of digital media for the U.K. and European markets.

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