Pegasus Balloon Is Pricked

摘要

Addressing a nasty little complication in News Corp.'s planned deal for DirecTV, the DBS company's designated CEO signaled that News Corp. isn't willing to pay nearly as much for Pegasus Communications as feverish investors seem to believe. News Corp. lieutenant Chase Carey, who will become CEO of DirecTV once the deal is done, stuck a pin in Pegasus' stock-price balloon, seeking to damp the huge run-up that has occurred since News Corp. finally cut its deal to take control of DirecTV parent Hughes Electronics.