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Dish Makes $26 Bln Bid For Sprint

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Dish Makes $26 Bln Bid For Sprint
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Dish Network made a bold surprise bid for Sprint-Nextel that could spark a bidding war. Its $25.5 billion offer threatens to disrupt the $20.1 billion deal by Japanese telecom giant SoftBank for 70 percent of Sprint. Analysts say Dish's bid looks tastier on the table - offering 18 percent more in cash than SoftBank and a bigger stake- 32 percent in the combined company versus 30 percent in the Softbank deal.moreless
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