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Stock Market & Financial Investment News

News Breaks
June 10, 2013
21:00 EDTS, DISHSprint says DISH proposal not likely to lead to superior offer
Sprint (S) announced that its special committee and board of directors have unanimously determined that the proposal submitted by DISH Network (DISH) on April 15 is not reasonably likely to lead to a “superior offer” under the merger agreement. Sprint has engaged with DISH since April 15 and, after receiving waivers from SoftBank under the merger agreement, allowed DISH due diligence to commence on May 21. Despite the special committee’s diligence, DISH has not put forward an actionable offer. As a consequence of the lack of progress with DISH and the improved terms from SoftBank, the special committee ended its discussions with DISH and will request that DISH destroy all of the Sprint confidential information made available in the course of its diligence.
News For S;DISH From The Last 14 Days
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April 15, 2014
10:20 EDTDISHDirecTV to stop carrying WWE pay-per-views, PWTorch says
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April 14, 2014
09:10 EDTST-Mobile CEO starts petition for consumers to call on peers to end overages
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09:05 EDTST-Mobile abolishes consumer overages, challenges other providers to follow suit
T-Mobile (TMUS) announced a campaign to eliminate overage penalties, one of the most reviled wireless industry practices. While abolishing overages for all customers on T-Mobile consumer plans, its CEO has also laid down a challenge to the nation's largest carriers, AT&T (T), Verizon (VZ) and Sprint (S), to do the same.
06:40 EDTSNo lines for Samsung's Galaxy S5 but carriers say demand healthy, Re/code says
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April 13, 2014
16:57 EDTSSprint and Spotify plan to team up, Re/code says
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April 11, 2014
07:26 EDTDISHTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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April 9, 2014
11:15 EDTST-Mobile unveils $40 monthly price plan called 'Simple Starter'
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