---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-088606"
form_type: "8-K"
ticker: "SATS"
cik: "0001415404"
company_name: "EchoStar CORP"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:26:15.460064+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EchoStar to merge with DISH Network in all-stock deal at 2.85x exchange ratio

## Summary
- EchoStar shareholders to receive 2.85 DISH shares per share; premium of 12.9% over unaffected 30-day VWAP.
- Combined company led by Hamid Akhavan as CEO, Charles Ergen as Executive Chairman; DISH CEO Erik Carlson to depart at close.
- Existing DISH shareholders will own ~69%, EchoStar shareholders ~31% of combined entity.
- Majority shareholder group (Ergen) agrees not to vote DISH Class A shares for three years post-close.
- Transaction subject to regulatory approvals, listing, and other conditions; expected close by Feb 8, 2024 (extendable).

## SEC filing metadata
- accession: 0001104659-23-088606
- form_type: 8-K
- ticker: SATS
- cik: 0001415404
- company_name: EchoStar CORP
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1415404/000110465923088606/0001104659-23-088606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1415404/000110465923088606/tm2323112d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-088606
- JSON: https://secwatch.observer/filing/0001104659-23-088606.json
- Plain text: https://secwatch.observer/filing/0001104659-23-088606.txt

## Key facts
- Material Agreements
  EchoStar CORP entered into Agreement and Plan of Merger with DISH Network Corporation (effective 2023-08-08).
  - Action: entry
  - Agreement: merger
  - Counterparty: DISH Network Corporation
  - Effective: 2023-08-08
  source text: On August 8, 2023, EchoStar Corporation, a Nevada corporation (“EchoStar” or the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with DISH Network Corporation, a Nevada corporation (“DISH”), and Eagle Sub Corp., a Nevada corporation and a wholly owned subsidiary of DISH (“Merger Sub”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000110465923088606/0001104659-23-088606-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.