Global News Select

Communications Services Climb Amid Deal Speculation - Communications Services Roundup

Communications services companies rose, testing all-time highs, amid deal speculation.

Dish Networks' bond prices surged on reports that the satellite media company might merge with competitor DirecTV.

The Murdoch family, who control News Corp., the publisher of this newswire, prepared to square off in a Nevada court over a trust that could decide control of News Corp. and Fox in the wake of Rupert Murdoch's death.

Disney and DirecTV agreed to terms on a new distribution deal and returned the entertainment giant's popular channels, including ESPN and ABC, to the satellite broadcaster's 11.3 million subscribers Saturday morning.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

September 16, 2024 17:10 ET (21:10 GMT)

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