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Thursday, Apr 18
Sprint (S +0.8%) has formed a special committee to review Dish's (DISH -0.1%) merger offer,...
Sprint (S +0.8%) has formed a special committee to review Dish's (DISH -0.1%) merger offer, David Faber reports. He adds there's plenty of speculation about the $9B+ in new debt that would need to be raised by Dish, and which would leave the combined company with $44B in debt. Also, much like Dish's offer for Clearwire, some wonder if the Sprint offer is simply a negotiating tactic to reach some other kind of deal (presumably involving Dish's 4G spectrum). (more on Sprint/Dish)