Sprint (S), SoftBank Call on FCC to Push Deal Through
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ISS Against Sprint (S) Bid For Clearwire (CLWR)
June 13, 2013 4:00 PM EDTProxy service firm ISS is recommending against Sprint's (NYSE: S) Clearwire (Nasdaq: CLWR) bid. Dish (Nasdaq: DISH) recently made a counterbid to acquire Clearwire.... More
Egan-Jones Recommends Investors Vote for Softbank's Sprint (S) Bid
June 13, 2013 1:19 PM EDTProxy services company Egan-Jones recommends shareholder vote for Softbank's Sprint (Nasdaq: S) bid. Dish (Nasdaq: DISH) is also interested in Sprint.... More
Sprint (S) Demanded $3 Billion Breakup Fee from Dish (DISH) - Bloomberg
June 11, 2013 12:53 PM EDTRecently it was learned that Sprint Nextel (NYSE: S) is endorsing a sweetened bid from Softbank instead of an offer from Dish (Nasdaq: DISH). According to Bloomberg, talks faltered because Sprint demanded a $3 billion breakup fee in case the deal was halted by regulators. Dish proposed a $1 billion fee instead.... 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
