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Dish launches unsolicited $25.5B bid for Sprint
CNN ^ | April 15, 2013 | Chris Isidore

Posted on 04/15/2013 5:03:45 AM PDT by Zakeet

Satellite TV provider Dish Network on Monday announced a $25.5 billion cash-and-stock bid for mobile phone company Sprint Nextel.

The apparently unsolicited offer is an attempt to top the $20.1 billion agreement for a 70% stake in Sprint by Japanese tech company Softbank (SFTBF) in October. That deal was widely seen as giving Sprint a much needed cash infusion, one that staved off a possible bankruptcy filing that many investors feared.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: dish; merger; sprint

1 posted on 04/15/2013 5:03:45 AM PDT by Zakeet
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To: Zakeet

could only be an improvement


2 posted on 04/15/2013 5:06:08 AM PDT by yldstrk (My heroes have always been cowboys)
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To: Zakeet

Can’t make their service worse.


3 posted on 04/15/2013 5:10:27 AM PDT by TheMom (Stressed spelled backwards is Desserts!)
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To: Zakeet

I’ve got Dish Network for TV and like the service pretty good. It can only improve Sprint.


4 posted on 04/15/2013 5:15:06 AM PDT by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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5 posted on 04/15/2013 5:21:30 AM PDT by deoetdoctrinae (The Old White Flag Republicans can go straight to He// and take their pal Obama with them!)
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To: Zakeet

6 posted on 04/15/2013 5:23:44 AM PDT by mnehring
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To: TheMom
Can’t make their service worse.

I don't know. They take the spotty coverage of Sprint and then add in Dish's crappy business plans so now you have spotty coverage with service that doesn't work in the rain and blocks whole area codes from being called.

7 posted on 04/15/2013 5:24:45 AM PDT by mnehring
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