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Technology Stocks : Sprint Nextel Corporation (S)
S 8.6200.0%Apr 1 12:00 AM EDT

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From: zax4/15/2013 11:26:32 AM
   of 1691
 
Dish Network Makes $25.5 Billion Bid for Sprint Nextel

dealbook.nytimes.com



7:41 a.m. | Updated

The pay-TV operator Dish Network said on Monday that it had submitted a $25.5 billion bid for Sprint Nextel.

The move is an attempt to scupper the planned takeover of Sprint Nextel by the Japanese telecommunications company SoftBank, which agreed in October to acquire a 70 percent stake in the American cellphone operator in a complex deal worth about $20 billion.

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Read rest here: dealbook.nytimes.com
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