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DISH Network (DISH) confirms its $25.5B bid for Sprint Nextel ([[S]] +10.9%), which it says "delivers substantial synergies and growth opportunities estimated at $37B in net present value, including an estimated $11 billion in cost savings" and delivers "superior value to Sprint shareholders, including greater ownership in a combined company that is better positioned for the future with more spectrum, products, subscribers, financial scale and new opportunities." The $17.3B cash/$8.2B stock offer represents a 13% premium to the value of the existing Softbank ([[SBTBF.PK]], [[SBTBY.PK]]) proposal.

DISH Network (DISH) confirms its $25.5B bid for Sprint Nextel (S +10.9%), which it says "delivers substantial synergies and growth opportunities estimated at $37B in net present value, including an estimated $11 billion in cost savings" and delivers "superior value to Sprint shareholders, including greater ownership in a combined company that is better positioned for the future with more spectrum, products, subscribers, financial scale and new opportunities." The $17.3B cash/$8.2B stock offer represents a 13% premium to the value of the existing Softbank (SBTBF.PK, SBTBY.PK) proposal. Post your comment!

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