DISH Network Statement on Antitrust Approval of Blockbuster Deal

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Apr 08, 2011, 05:48 ET

ENGLEWOOD, Colo., April 8, 2011 /PRNewswire/ -- DISH Network Corporation (NASDAQ: DISH) issued the following statement regarding the receipt, earlier today, of antitrust approval for its pending purchase of substantially all of the assets of Blockbuster, Inc.:

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"We are pleased to report that earlier today U.S. antitrust authorities granted early termination of the waiting period under the Hart-Scott-Rodino Act in connection with our pending purchase of substantially all of the assets of Blockbuster, Inc.

We commend the Department of Justice and the Federal Trade Commission for their expeditious completion of the review process, and we anticipate closing the Blockbuster transaction on April 21, 2011."

Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995:

Except for historical information contained herein, the matters set forth in this press release are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in DISH Network Corporation's Disclosure Regarding Forward-Looking Statements included in its recent filings with the Securities and Exchange Commission, including its annual report on Form 10-K. The forward-looking statements speak only as of the date made, and DISH Network Corporation expressly disclaims any obligation to update these forward-looking statements.

About DISH Network

DISH Network Corporation (NASDAQ: DISH), through its subsidiary DISH Network L.L.C., provides more than 14.1 million satellite TV customers, as of Dec. 31, 2010, with the highest quality programming and technology with the most choices at the best value, including HD Free for Life. Subscribers enjoy industry-leading customer satisfaction, the largest high definition line-up with more than 200 national HD channels, the most international channels, and award-winning HD and DVR technology. DISH Network Corporation is a Fortune 200 company. Visit www.dish.com.

SOURCE DISH Network Corporation