PARIS — U.S. satellite fleet operator EchoStar and its Mexican satellite-television partner are proposing to buy struggling Mexican satellite operator Satmex for $267 million in cash in a deal endorsed by Satmex management but still awaiting make-or-break approval by Satmex bondholders, “some of which … are opposed to the transaction,” EchoStar announced Feb. 26.
Peter B. de Selding was the Paris Bureau Chief for SpaceNews. More by Peter B. de Selding
