Phone Scoop

printed August 31, 2015
See this page online at:
http://www.phonescoop.com/articles/article.php?a=12548

Home  ›  News  ›

Dish Bags Attempt to Buy Sprint

Article Comments  5  

Jun 18, 2013, 6:35 PM   by Eric M. Zeman   @phonescooper

Dish Networks today offered an update on its bid to acquire Sprint. According to Dish, Sprint's recent legal actions have caused Dish to reevaluate its plans moving forward. It will drop its proposed acquisition of Sprint and will instead concentrate on acquiring Clearwire. "While Dish continues to see strategic value in a merger with Sprint, the decisions made by Sprint to prematurely terminate our due diligence process and accept extreme deal protections in its revised agreement with SoftBank, among other things, have made it impracticable for Dish to submit a revised offer by the June 18th deadline imposed by Sprint. We will consider our options with respect to Sprint, and focus our efforts and resources on completing the Clearwire tender offer." Sprint filed a lawsuit against Dish on Monday seeking to block its bid to acquire Clearwire, calling the proposal illegal.

more info at Dish Networks »

AD

Comments

This forum is closed.

This forum is closed.

Ashke13

Jun 18, 2013, 7:57 PM

idiots....

They finally realized they were in a losing battle.
Things are about to get real! hahaha. This is going to be great Dish vs Sprint who will win Clearwires crappy spectrum dun dun dun.
...
 
 
Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2