---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-088620"
form_type: "8-K"
ticker: null
cik: "0001001082"
company_name: "DISH Network CORP"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T00:12:30.094116+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# DISH to acquire EchoStar in all-stock deal; exchange ratio 2.85, 12.9% premium

## Summary
- DISH will issue 2.85 shares of its Class A common stock for each share of EchoStar Class A, C, or D common stock.
- EchoStar stockholders receive a 12.9% premium based on unaffected 30-day VWAP as of July 5, 2023.
- Hamid Akhavan, current EchoStar CEO, to become President and CEO of DISH upon closing; W. Erik Carlson to step down.
- John W. Swieringa appointed President of Technology and COO of DISH effective Aug. 8, 2023.
- Transaction expected to generate cost and revenue synergies; closing conditions include regulatory approvals and shareholder votes.

## SEC filing metadata
- accession: 0001104659-23-088620
- form_type: 8-K
- cik: 0001001082
- company_name: DISH Network CORP
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001082/000110465923088620/0001104659-23-088620-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001082/000110465923088620/tm2323111d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-088620
- JSON: https://secwatch.observer/filing/0001104659-23-088620.json
- Plain text: https://secwatch.observer/filing/0001104659-23-088620.txt

## Key facts
- Executive change
  W. Erik Carlson departed as Chief Executive Officer at DISH Network CORP.
  - Action: stepped down
  - Role: Chief Executive Officer
  source text: Mr. W. Erik Carlson will step down as Chief Executive Officer of DISH as of the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001082/000110465923088620/0001104659-23-088620-index.htm
- Executive change
  John W. Swieringa was appointed as President of Technology and Chief Operating Officer at DISH Network CORP.
  - Action: appointed
  - Role: President of Technology and Chief Operating Officer
  source text: Also on August 7, 2023, the Board approved the appointment of Mr. John W. Swieringa, DISH’s current President and Chief Operating Officer, Wireless, as President of Technology and Chief Operating Officer of DISH effective as of August 8, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001082/000110465923088620/0001104659-23-088620-index.htm
- Executive change
  Hamid Akhavan was appointed as President and Chief Executive Officer at DISH Network CORP.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On August 7, 2023, the Board approved the appointment of Mr. Hamid Akhavan, the current President and Chief Executive Officer of EchoStar, as the President and Chief Executive Officer of DISH and a member of the Board effective as of the date on which the Effective Time occurs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001082/000110465923088620/0001104659-23-088620-index.htm
- Executive change
  Hamid Akhavan was appointed as member of the Board at DISH Network CORP.
  - Action: appointed
  - Role: member of the Board
  source text: On August 7, 2023, the Board approved the appointment of Mr. Hamid Akhavan, the current President and Chief Executive Officer of EchoStar, as the President and Chief Executive Officer of DISH and a member of the Board effective as of the date on which the Effective Time occurs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001082/000110465923088620/0001104659-23-088620-index.htm
- Material Agreements
  DISH Network CORP entered into Agreement and Plan of Merger with EchoStar Corporation (effective 2023-08-08).
  - Action: entry
  - Agreement: merger
  - Counterparty: EchoStar Corporation
  - Effective: 2023-08-08
  source text: On August 8, 2023, DISH Network Corporation, a Nevada corporation (“DISH”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with EchoStar Corporation, a Nevada corporation (“EchoStar”), 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/1001082/000110465923088620/0001104659-23-088620-index.htm

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