Seeking Alpha

SoftBank (SFTBF.PK) doesn't plan to up its bid for Sprint (S) to top Dish's (DISH +2.1%), a...

SoftBank (SFTBF.PK) doesn't plan to up its bid for Sprint (S) to top Dish's (DISH +2.1%), a company exec states. Is the Japanese carrier set on keeping its current offer, or is this a hardball negotiating tactic? Either way, SoftBank seems to be betting the advantages of its bid - a lower debt load, the ability to leverage SoftBank's resources to take on AT&T/Verizon - will lead Sprint to stay loyal in spite of shareholder pressure and the superior up-front value of Dish's offer.
From other sites
Comments (2)
  • AggGrow
    , contributor
    Comments (209) | Send Message
     
    Gosh, I hope so! Imagine an 'pre-IPO-like' investment in the worlds largest telco versus another unstable domestic triple play whoop-de-doo.
    19 Apr 2013, 12:07 PM Reply Like
  • Rathmullan
    , contributor
    Comments (5) | Send Message
     
    The SoftBank bid is superior to that of Dish. Sprint will end up valuing the SoftBank bid at approximately $7.67 per share as it stands. I suspect SoftBank has the capacity to increase its bid by as much as 20% if necessary. But for Dish, Sprint is a strategic necessity. Assuming no additional bidders show up, I see Dish eventually acquiring Sprint at a price of $9.50 to $10.00 per share
    19 Apr 2013, 09:48 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs