Article: GM's Hughes Electronics to Merge with EchoStar Communications.

Stockholders and Consumers Benefit as Combined Hughes-EchoStar

Provides Meaningful Competitor to Cable TV Companies

NEW YORK, Oct. 28 /PRNewswire/ --

General Motors Corp. and its subsidiary Hughes Electronics (NYSE: GM, GMH) together with EchoStar Communications Corporation (Nasdaq: DISH), today announced the signing of definitive agreements that provide for the spin-off of Hughes from GM and the merger of Hughes with EchoStar.

The combined company would use the EchoStar name and adopt the DIRECTV brand for its services and related products. The merger would create the nation's second-largest pay television platform with more than ...

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