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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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October 1, 2014
09:03 EDTSSprint continues pledge to 'double the data' vs. AT&T, Verizon
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07:20 EDTSDeutsche Bank to hold a conference
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September 30, 2014
07:53 EDTSAnalysts see AT&T with early lead over Verizon in connected cars, Reuters says
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September 29, 2014
12:18 EDTSOn The Fly: Midday Wrap
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10:32 EDTSDreamWorks jumps after report of Softbank takeover talks
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September 26, 2014
05:50 EDTSStocks with implied volatility movement; TMUS S
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September 24, 2014
09:17 EDTDISHComcast accuses TWC deal opponents of extortion, Re/code reports
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September 19, 2014
07:36 EDTSSprint price target cut to $8-$10 from $11-$11.75 at Wells Fargo
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September 17, 2014
15:50 EDTDISHDISH, DirecTV support committee passage of STAVRA legislation
DIRECTV (DTV) and DISH (DISH) issued the following statement regarding the passage of the Satellite Television Access and Viewer Rights Act, or STAVRA, out of the Senate Committee on Commerce, Science, & Transportation: "We thank Chairman Rockefeller, Ranking Member Thune and the rest of the Senate Commerce Committee for passing bipartisan legislation that makes important reforms to the outdated laws governing today’s video market, while ensuring continuity of service to more than 1.5M distant signal subscribers who would, otherwise, lose service at the end of this year. We look forward to working with Congressional leadership to see this reauthorization swiftly passed into law, and also look forward to continuing the important discussion regarding retransmission consent reform, and in particular protecting consumers from local channel blackouts.”
12:53 EDTSSprint management to meet with Jefferies
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