This excerpt taken from the DTV 10-Q filed May 8, 2009.
Note 11: Subsequent Event
In April 2009, Liberty Media filed with the SEC an amended preliminary proxy statement requesting shareholder approval for a redemption proposal which would allow Liberty Media to redeem a portion of the outstanding shares of Liberty Media Entertainment common stock, a tracking stock, using shares of a newly formed wholly owned subsidiary of Liberty Media, Liberty Entertainment, Inc., or LEI. LEI will be comprised of: (i) approximately 54% of the common stock of The DIRECTV Group, (ii) Liberty Sports Holdings, which owns three regional sports networks (RSNs), (iii) a 65% interest in Game Show Network (GSN) which in turn owns 100% of FUN Technologies, ULC, (iv) approximately $30 million in cash, and (v) approximately $2 billion in debt. The redemption proposal is subject to the satisfaction of various conditions including, but not limited to, an effective registration statement, the receipt of a tax ruling and applicable shareholder approvals. Successful implementation of the redemption proposal will result in the split-off of LEI as a separately publicly traded company.
On May 3, 2009, The DIRECTV Group and Liberty Media and certain subsidiaries of The DIRECTV Group and certain subsidiaries of Liberty Media entered into definitive agreements with respect to the combination of The DIRECTV Group and LEI following its split-off from Liberty Media.
* * *
This excerpt taken from the DTV 10-Q filed Aug 7, 2008.
Note 12: Subsequent Event
On July 8, 2008, we acquired 100% of 180 Connect, Inc.'s outstanding common stock and exchangeable shares. Simultaneously, in a separate transaction, UniTek USA, LLC acquired 100% of 180 Connect's cable service operating unit and operations in certain of our installation services markets in exchange for satellite installation operations in certain markets and $7 million in cash. These transactions will provide us with control over a significant portion of DIRECTV U.S.' installation and home service network. We paid $98 million in cash for the acquisition, including the equity purchase price, repayment of assumed debt and related transaction costs. We will account for these transactions using the purchase method of accounting.
* * *
This excerpt taken from the DTV 10-Q filed Aug 8, 2006.
Note 14: Subsequent Event
On July 17, 2006, on behalf of Wireless DBS LLC, of which, we and Echostar Broadband Holdings Corporation each own 50%, we deposited $486.3 million with the Federal Communications Commission, or FCC, to fund the minimum deposit required to jointly participate in the advanced wireless spectrum auction scheduled for August 9, 2006. We used available cash and cash equivalents for the deposit.
* * *