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Pegasus Extends Tender Offer

Pegasus Communications Corp. said late Sunday that its Pegasus Satellite Communications Inc. subsidiary has extended its pending cash tender offer for the aggregate principal amount of up to $100 million of outstanding debt securities maturing 2005-07.

The offer’s expiration date was extended from 5 p.m. EST March 19 to 5 p.m. EST March 29, unless further extended. In addition, the company extended the deadline for holders to withdraw tenders until 5 p.m. EST March 29, unless further extended.

Banc of America Securities LLC is the offer’s exclusive dealer/manager.