EchoStar mulls spinoff of assets

By Pete Southern in Uncategorized | September 25, 2007 14:00 |

NEW YORK (Reuters) – Satellite television operator EchoStar Communications Corp said on Tuesday that it was considering a spinoff of its technology and infrastructure assets into a publicly traded company separate from its consumer pay-TV business.

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AMSTERDAM (Reuters) – Dutch builder Royal BAM Groep said on Tuesday it is selling its U.S. subsidiary Flatiron Construction Corp for 172 million euros ($242.7 million) to Germany’s Hochtief AG and raised its 2007 sales and profit targets.

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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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