Market Overview

DISH, Sprint to Begin Due Diligence, Begin Negotiations


DISH Network Corporation (NASDAQ: DISH) ("DISH") responded Monday to
Sprint Nextel Corporation's (NYSE: S) announcement (“Sprint”) that it has received
a waiver of various provisions under the merger agreement between it and
SoftBank Corp.

The waiver will permit Sprint and its representatives to furnish
non-public information concerning Sprint to DISH, and to engage with
DISH in discussions and negotiations regarding its proposal made on
April 15, 2013.

“We look forward to engaging in full due diligence and continued
discussions with Sprint. We remain confident that this process will
confirm the superiority of our proposal, the reasoning behind our
synergy projections and our vision for a competitively superior

See full press release

Posted-In: News Guidance Contracts Asset Sales Management M&A Global


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