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SoftBank (SFTBF.PK) CEO Masayoshi Son continues to insist his firm won't raise its offer for...

SoftBank (SFTBF.PK) CEO Masayoshi Son continues to insist his firm won't raise its offer for Sprint (S +0.3%) in response to Dish's (DISH) bid. "Why should we? We are already providing a better deal than the Dish proposal." Son goes on to call Dish CEO Charlie Ergen an "amateur" who is "desperate" to find a use for Dish's 4G spectrum. He adds SoftBank's offer is worth $7.65/share to Sprint, and Dish's $6.31/share, after factoring synergies, delays, and penalties; Dish values its proposal at $7, and SoftBank's at $6.22. (previous) (more on Dish/Sprint)
Comments (9)
  • Pick me I'm better
    30 Apr 2013, 09:52 AM Reply Like
  • I can't believe he called him names. Talk about amateur and unprofessional.
    30 Apr 2013, 10:08 AM Reply Like
  • I thought the same exact thing...
    30 Apr 2013, 10:17 AM Reply Like
  • I think he's pissed because dish's price is actually better.
    30 Apr 2013, 11:59 AM Reply Like
  • Quite warranted since it's about Charlie Ergen. He's nearing scam artist territory in my opinion.
    30 Apr 2013, 12:34 PM Reply Like
  • You r just as bad at math as other american. i am calling u name now, red n:-) I was calling a poker dealer name yesterday as bad at math.


    the math is simple. dish deal is not any better. considering dish knows nothing about wireless, overall, softbank is still better. Sprint share owner still keeps 30%.
    30 Apr 2013, 01:13 PM Reply Like
  • It will be interesting if Sprint favors Dish offer..
    30 Apr 2013, 12:33 PM Reply Like
  • Watch Mr.Son's presentation for your better understanding, now.
    30 Apr 2013, 12:37 PM Reply Like
  • Desperate and amateur not adjectives that really fit Mr. Ergen.
    30 Apr 2013, 12:44 PM Reply Like
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