Comment on Dish Network announces $25.5 billion bid for Sprint Nextel

Dish Network announces $25.5 billion bid for Sprint Nextel

Dish Network on Monday announced a $25.5 billion bid for Sprint Nextel, challenging an offer by Japan’s SoftBank for the nation’s third-largest wireless carrier. The cash-and-stock deal offers Sprint’s shareholders a 13 percent premium compared with SoftBank’s offer last October and would provide consumers the option of bundling satellite television, home Internet and wireless service, Dish Chairman Charlie Ergen said in a conference call.

 

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