Sprint (S +13.3%) confirms it has received Dish Network's (DISH -5.7%) merger offer, and says it...


Sprint (S +13.3%) confirms it has received Dish Network's (DISH -5.7%) merger offer, and says it will evaluate it. Today's decline in Dish shares lowers the value of the equity portion of the offer by about $450M, resulting in a total deal value of $25.15B (an 8% premium to SoftBank's (SFTBF.PK) offer). (PR) (more on Dish/Sprint)

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