In a process that has taken eight months now, it looks like SoftBank is going to succeed in its attempt to acquire Sprint (NYSE:S), and that Sprint is going to succeed in its attempt to acquire the remainder of Clearwire (Nasdaq: CLWR). The fly in both ointments, Dish Networks (Nasdaq:DISH)
has apparently abandoned its efforts to acquire Sprint, and likewise
appears to be unwilling to try to once again top Sprint's bid for
Clearwire.
This all probably brings this particular chapter to a close, but those
who think the story in U.S. wireless, broadband, and telecom M&A is
over don't know the nature of the parties involved.
Please read more here:
http://www.investopedia.com/stock-analysis/062113/softbanksprintclearwiredish-network-game-musical-chairs-seems-over-s-clwr-dish-dtv.aspx
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