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October 7, 1999 11:50 AM PDT

Short Take: EchoStar sets 2-for-1 split

EchoStar Communications, the nation's second-largest direct satellite broadcaster, has set a 2-for-1 stock split, its second this year. Effective for shareholders of record October 18, the shares are expected to split on the Nasdaq stock market October 26. Previously the company, which claims more than 3 million subscribers, split its stock in May.

 

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