Just two days before Sprint stockholder vote, Dish is still doing due diligence
0. phoneArena 10 Jun 2013, 20:52 posted on
Just two days before Sprint stockholders vote on whether to accept the $20.1 billion offer from Japan's SoftBank to buy 70% of the nation's third largest carrier, Dish Network said that it was still doing due diligence on Sprint's books; after Sprint agreed to the SoftBank deal, Dish lobbed in a $25.5 billion bid to buy the entire company. Dish says that it is currently negotiating its own deal with Sprint...
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1. ZeroCide (Posts: 702; Member since: 09 Jan 2013)
If i was a stock holder i'd vote yes to SoftBank. Dish is a bad deal.
2. lsutigers (Posts: 785; Member since: 08 Mar 2009)
Agreed. Unless Google is behind Dish trying to acquire Sprint without much gov't scrutiny which has been hinted over and over again by many analysts.
3. ojdidit84 (Posts: 421; Member since: 16 Jul 2011)
Same here. I'm all for Softbank over Dish. But if Google was behind Dish I'd jump all over that in a heartbeat.
4. a_merryman (Posts: 743; Member since: 14 Dec 2011)
Should update the article, Softbank increased its bid for Sprint and Paulson is now behind the revised Softbank deal.