Dish Network (DISH +1.6%) will purchase reorganized satellite company DBSD (ICOG +10.1%),...

|About: DISH Network Corporation (DISH)|By:, SA News Editor

Dish Network (DISH +1.6%) will purchase reorganized satellite company DBSD (ICOG +10.1%), operating under bankruptcy protection, for ~$1B. DBSD is developing a system that combines both satellite and terrestrial communications capabilities for wireless voice, data and internet services. (PR)