SoftBank’s Enhanced Sprint Offer Turns Spotlight On Dish

Mani

Published onJune 11, 2013

Updated on May 13, 2021

SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984)’s enhanced offer for Sprint Nextel Corporation (NYSE:S) has turned the focus on DISH Network Corp (NASDAQ:DISH)’s chairman Ergen.

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Yesterday SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984) upped its offer for Sprint by 7.5 percent to $21.6 billion to counter Dish’s unsolicited proposal of $25.5 billion.

SoftBank’s Sweetened Offer:

The Tokyo-based mobile-phone carrier has sweetened its offer with $7.48 a share of Sprint Nextel Corporation (NYSE:S), against $6.30 a share proposed earlier.

SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984)’s October offer involved $20.1 billion for a...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

SoftBank’s Enhanced Sprint Offer Turns Spotlight On Dish

SoftBank’s Sweetened Offer:

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