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April 15, 2013 02:50 pm GMT
A dramatic turn of events in the ongoing story of U.S. carrier consolidation: Dish Network is launching a $25.5 billion bid for number-three carrier Sprint, amounting to $17.3 billion in cash and $8.2 billion in stock. If successful, the deal would effectively snatch Sprint out of the hands of Japanese carrier Softbank, which in October announced that it would pay $20.5 billion for a 70% stake in Sprint.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/62wUsnvYREU/
Dish Makes $25.5B Bid For Sprint To Snatch It Out Of Softbank's Hands
A dramatic turn of events in the ongoing story of U.S. carrier consolidation: Dish Network is launching a $25.5 billion bid for number-three carrier Sprint, amounting to $17.3 billion in cash and $8.2 billion in stock. If successful, the deal would effectively snatch Sprint out of the hands of Japanese carrier Softbank, which in October announced that it would pay $20.5 billion for a 70% stake in Sprint. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/62wUsnvYREU/
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