Dish Network has been looking to make serious inroads in the mobile market and it looks like the company has identified an appealing new option.
Dish on Monday announced that it is challenging
SoftBank’s plans for a Sprint merger with a bid of its own — $25.5 billion in total, which consists of $17.3 billion in cash and $8.2 billion in stock. The proposed Dish deal would give
Sprint shareholders $7.00 per share, which represents a healthy premium over SoftBank’s offer of $4.03 per share. Sprint shares were up more than 12.5% in Monday’s pre-market session on the news. Dish’s full press release follows below.
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