Dish CEO Challenges Softbank To Raise Sprint Bid

The chairman of satellite broadcaster Dish Network Corp., which is trying to buy Sprint Nextel Corp., is daring Sprint’s other suitor to raise its bid. Dish’s Charlie Ergen told investors that based on the benefits Japan’s Softbank says it would get from buying Overland Park-based Sprint, it should be paying a higher price. Softbank’s CEO said last week that Dish’s bid is based on “incomplete and illusory” numbers and his company’s bid is a better value.

Read more in the Kansas City Star


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