Sprint Nextel Corp (S.N)
19 Jun 2013
|Market Cap (Mil.):||$22,091.75|
|Shares Outstanding (Mil.):||3,018.00|
TOKYO/NEW YORK - Japan's SoftBank Corp cleared a major hurdle in its attempt to buy U.S. wireless provider Sprint Nextel Corp, as rival bidder Dish Network Corp declined to make a new offer after SoftBank sweetened its own bid last week.
* Sprint shareholders meeting to determine whether SoftBank offer passes
* Nikkei rises 1.8 pct, Topix up 1.9 pct * Japan stocks fwd P/E falls to level not seen since BOJ action * SoftBank gains after Dish says abandons Sprint bid * TEPCO sinks, says finds highly toxic strontium in Fukushima groundwater By Dominic Lau TOKYO, June 19 - Japan's Nikkei average hit a one-week high on Wednesday, with traders citing the launch of a near $780 million investment trust as a driving factor, while SoftBank Corp rose as it looked likely to win the
* Investors still cautious ahead of Fed * Softbank soars after Dish abandons Sprint bid By Ayai Tomisawa TOKYO, June 19 - Japan's Nikkei share average rose to a one-week high on Wednesday, helped by optimism that the U.S. Federal Reserve would temper worries about an imminent roll back of its stimulus programme. The market also got a boost from Softbank Corp, which soared after Dish Network Corp said it would abandon a bid for Sprint Nextel. Exporters rose as the d
NEW YORK - Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp.
NEW YORK, June 18 - Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp .
NEW YORK, June 18 - Dish Network Corp said on Tuesday that it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel and focus instead on its tender offer for Clearwire Corp
June 17 - Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp.
- Sprint Nextel Corp has filed a lawsuit against Dish Network Corp and Clearwire Corp to prevent the completion of Dish's offer for Clearwire's shares.
June 17 - Sprint Nextel Corp has filed a lawsuit against Dish Network Corp and Clearwire Corp to prevent the completion of Dish's offer for Clearwire's shares.
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