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>> DISH NETWORK Latest News

JUN 22, 2013 - Yahoo! News

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SoftBank CEO expects Sprint deal to close in early July

SoftBank CEO Masayoshi Son is confident that his company’s deal to acquire Sprint will close early next month, Reuters reported. Dish Network was originally looking to counter SoftBank’s offer, but the company abandoned its bid earlier this week to focus on acquiring ClearWire. That effort might not work out either. The pressure from Dish, however, forced SoftBank to revise its offer for Sprint earlier this month. The company increased its bid by 7.5% from $20.1 billion to $21.6 billion in cash and stock. Son noted that Dish’s offer had the company worried and exploring alternative ... Read More

Tags: SoftBank CEO expects Sprint deal to close in early July,  Dish Network Latest News