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.

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Peter B. de Selding was the Paris Bureau Chief for SpaceNews.