4/15/2013

DISH Network on Monday said it would offer $25.5 billion for Sprint Nextel in a deal that "would appear to trump an earlier $20.1 billion agreement by Sprint to combine with Japanese wireless giant SoftBank," writes Mike Farrell. DISH Chairman Charlie Ergen said in a statement that the "proposal clearly presents Sprint shareholders with a superior alternative" that would create "a significantly enhanced strategic position and substantial synergies that are not attainable through the pending SoftBank proposal."

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