John Paulson has become the first major Sprint Nextel shareholder to back the unsolicited bid for the company from Dish Network.
The prominent hedge fund manager said in a statement that the $25.5 billion cash-and-stock offer from Dish was superior to an offer for 70% of the company from Japanese tech giant Softbank.
For more, click the link below:
Sprint shareholder Paulson backs Dish offer - Apr. 17, 2013
No comments:
Post a Comment