Echostar/Sling Media to be reorganised?

[BGonaSTICK]

Since the announcement that Echostar has agreed to acquire Sling Media, EchoStar has said that it is considering separating into two publicly traded companies.

This would involve EchoStar's technology and infrastructure assets - including its set-top box design and manufacturing business and international operations - being spun off from the DISH Network US consumer pay-TV business.

Current shareholders would have separate ownership interests in each company. EchoStar Chairman and Chief Executive Charlie Ergen would remain as chairman and CEO of DISH Network, while filling the same roles at the new business.