EchoStar mulls spinoff of assets
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Satellite television operator EchoStar  Communications Corp  said on Tuesday that it was  considering a spinoff of its technology and infrastructure  assets into a publicly traded company separate from its  consumer pay-TV business.
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DaimlerChrysler's  chief executive is examining the possible spinoff of the firm's ailing U.S. unit Chrysler, Handelsblatt and Frankfurter Allgemeine Zeitung said on Wednesday, citing sources close to the matter.
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The corporate parent of Celera is exploring whether to turn the Rockville biotechnology firm and an affiliated unit into two independent, publicly traded companies.
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Eyes Sling's clip sharing tech US satellite-transmitted pay-TV company EchoStar is to buy Sling Media, developer of the Slingbox family of TV-over-the-net gadgets. The deal's worth $380m, to be paid in a mix of cash and EchoStar stock.â¦
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EchoStar Holding Corp., the set-top box maker that sells the Slingbox, introduced a digital-analog TV converter that U.S. consumers can get for free and use to view watch older sets after the country moves to all-digital broadcasting in February 2009.
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For months, analysts speculated that Delta Air Lines might spin off its wholly owned subsidiaries -- locally based Comair Inc. and Atlantic Southeast Airlines -- to infuse cash into the ailing carrier.
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Satellite television operator EchoStar Communications Corp  said it may spin off its technology assets and announced plans to buy Sling Media, raising hopes that a split would increase the value of its businesses for shareholders or lead to a sale.
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JPMorgan Chase may be looking to open up its wallet and make an acquisition.
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United Airlines said yesterday that it might sell all or part of its maintenance operations to outside investors to raise cash to modernize and expand the unit.
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EchoStar Communications Corp  said on Friday that the distribution of shares of a new publicly traded entity that will hold its set-top box business and certain technology and satellite assets, EchoStar Holding Corp, will be effective on January 1, 2008.
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Satellite television operator EchoStar Communications Corp  said it may spin off its technology assets and announced plans to buy Sling Media, the maker of a device that relays TV programs to laptops and cell phones.
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SunGard, which provides software and services to top financial companies, plans to spin off its disaster data recovery business into a separate publicly traded company.
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Rupert Murdoch is thinking about creating a business channel.
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With its open-source model, the company has the potential to shake up the industry, one analyst says.
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A sound strategy and strong creative ideas won the day for Publicis Seattle in EchoStar Communications' creative review, the client said last week. But it was the shop's ability to compete nationally and regionally in the cutthroat wireless telecom category--as T-Mobile's lead agency--that gave EchoStar confidence that Publicis could handle its Dish Network, sources said.
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The spinoff faces the same challenges as any other, but don't turn up your nose at this stock.
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The satellite radio companiesâ pricing plans would allow customers to choose which channels they want if the two firms are permitted to merge.