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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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July 29, 2014
15:53 EDTSNotable companies reporting before tomorrow's open
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12:23 EDTSWindstream REIT spin off plan provides jolt for stock, telecom sector
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July 28, 2014
13:11 EDTST-Mobile new offering substantive, says Wells Fargo
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July 24, 2014
07:46 EDTSWells Fargo to hold a symposium
2014 Small Cell Symposium to be held in New York on July 24.
July 23, 2014
13:01 EDTSSprint teams with Google to offer Google Apps for business
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July 21, 2014
07:45 EDTSSprint consensus estimates 'overly optimistic,' says Jefferies
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July 20, 2014
14:47 EDTSAfter paring Mexican assets Carlos Slim may look at T-Mobile, WSJ says
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July 18, 2014
09:18 EDTSSoftbank hire of Arora from Google 'interesting,' says Wells Fargo
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07:08 EDTSSoftbank, T-Mobile final agreement could come after late August, Kyodo News says
According to Kyodo News, Softbank's (SFTBF) buyout talks with T-Mobile (TMUS) won't be settled until after late August. Deutsche Telecom (DTEGY) is "reluctant" to accept Softbank's business plan and is seeking a new plan, industry sources say. Reference Link
July 16, 2014
10:01 EDTDISHNTELOS expansion of DISH program an incremental positive, says Wells Fargo
Wells Fargo views the expansion of NTELOS' (NTLS) fixed wireless broadband program with DISH (DISH) as an incremental positive for NTELOS and the firm believes the company's 2.5GHZ spectrum is an "important hidden asset." Wells thinks NTELOS will keep seeking "out of the box" partnerships in its service areas and keeps its Outperform rating on the stock.
09:58 EDTDISHNTELOS, DISH expand Internet service pact to Virginia
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07:43 EDTDISHSenate Commerce, Science & Transportation Committee holds a hearing
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July 15, 2014
15:32 EDTSPaulson sees T-Mobile takeover in high $30s, low $40s 'reasonable,' WSJ says
John Paulson, the fourth-largest shareholder in T-Mobile (TMUS) and the third largest stakeholder in Sprint (S), would support a merger of the two, which has been widely reported as being worked on, and said that a takeover price for T-Mobile in the "high $30s to low $40s" per share would be "reasonable," according to The Wall Street Journal, citing an interview with the investor. Reference Link
13:44 EDTSSprint, T-Mobile jointly raising $10B for airwave auction, WSJ says
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