Sprint (S) Demanded $3 Billion Breakup Fee from Dish (DISH) - Bloomberg
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Sprint (S) special committee has terminated talks with DISH (DISH) - Bloomberg
June 11, 2013 5:22 PM EDTSprint Nextel (NYSE: S) says its special committee has terminated talks with DISH Network (Nasdaq: DISH), according to Bloomberg headlines.... More
DISH Network (DISH) Still Sees 'Tremendous Value' in Sprint (S); Will Consider Options
June 11, 2013 7:58 AM EDTDISH Network Corp. (Nasdaq: DISH) issued the following statement in response to the amended merger agreement between Sprint Nextel Corporation (NYSE: S) and SoftBank Corporation:
We continue to believe that Sprint has tremendous value. We will analyze the revised SoftBank bid as we consider our strategic options.... More
Sprint (S), SoftBank Amend Merger; More Cash Will be Used in Deal
June 11, 2013 6:24 AM EDTSprint Nextel Corporation (NYSE: S) and SoftBank Corp. have amended the previously announced merger agreement between the two companies to deliver greater cash consideration and increased certainty to Sprint stockholders. Sprints Special Committee and Board of Directors have unanimously approved the amended Merger Agreement and have unanimously recommended to stockholders to vote FOR the revised SoftBank transaction. Sprint and SoftBank anticipate closing the SoftBank transaction in early July 2013, as previously communicated.
Under the amended Merger Agreement, SoftBank will deliver an additional $4.5 billion of cash to Sprint stockholders at closing, bringing the total cash... More
