Charles Ergen

Dow Flatlines Near '03 Levels

By Matt Egan| FOXBusiness| Markets

… Liberty Media (LINTA) to stave off bankruptcy on Tuesday, turned down a $700 million proposal from satellite mogul Charles Ergen for 51% control of the company, The Wall Street Journal reported. T General Electric (GE) CEO Jeff Immelt will …

Story|02/18/2009

Floored: Dow Dives 298, Nears Six-Year Low

By Matt Egan| FOXBusiness| Markets

… receive a 40% stake and seats on the Sirius board in return. Sirius had reportedly been in talks with satellite mogul Charles Ergen , who controls a significant amount of Sirius debt that matures on Tuesday. Trump Entertainment Resorts (TRMP) filed …

Story|02/17/2009

No Luck for Stocks: Dow Sinks to New '09 Low

By Matt Egan| FOXBusiness| Markets

… March 2008 all-time high. Corporate Movers Sirius XM Radio (SIRI) moved closer to a deal with satellite mogul Charles Ergen over a deal to avoid bankruptcy but remains in talks over a rival deal with Liberty Media (LMDIA), The Wall Street …

Story|02/13/2009

Turnaround Thursday: Stocks Slash Losses

By Matt Egan| FOXBusiness| Markets

… SIRI) may have found a “white knight” in its quest to avoid bankruptcy and a takeover from satellite mogul Charles Ergen as Sirius is in talks with Liberty Media (LMDIA), which owns DirectTV (DTV), the Journal reported. The talks …

Story|02/12/2009

Small Victory for Stocks After Stimulus Deal

By Matt Egan| FOXBusiness| Markets

… Movers Sirius XM Satellite Radio (SIRI) is considering filing for Chapter 11 bankruptcy protection but satellite mogul Charles Ergen has offered to restructure the company’s debt and inject several hundred million dollars of capital in exchange for …

Story|02/11/2009

Report: Sirius XM Braces for Chapter 11

FOXBusiness| Markets

… as the documents and an analysis are close to being completed, the newspaper reported. The move comes weeks after Charles Ergen 's EchoStar acquired the majority of a $300 million tranche of Sirius debt that matures next Tuesday as part of a …

Story|02/10/2009