Softbank issues a waiver of some of the provisions of the merger agreement to allow Sprint to discuss and negotiate with Dish despite their standing agreement.
Tags: Softbank
Sprint Nextel Sues Dish, Clearwire to Block Proposed Offer
Sprint Nextel sued Dish on Monday after stating that its rival company violated the Delaware law. (Photo : REUTERS/Keith Bedford)People talk on their cell phones as passers-by walk past a Sprint store in New York.
Dish May Face US$1.2 Billion Sprint Additional Cost
Dish Network is confronted with additional US$1.2 billion cost from taking Sprint Nextel Corp. (Photo : Reuters )Dish Network Corp. 's Chairman Charlie Ergen dismissed speculation his surprise $2.
UPDATE - Sprint Nextel and DISH merger talks fail
Sprint Nextel's merger talks with DISH Network failed as both company cannot agree on a compromise.
Two companies join Green Power to create new Japan wind plants
Softbank's SB Energy and Mitsui & Co. partner with Green Power Investment Corp. to create a wind farm in Western Japan.
Latest News
Masayoshi Son, Softbank co-founder and President is planning to build a Silicon Valley office for the merged Softbank-Sprint company.
Softbank waived the Alibaba IPO card to banks, saying their help in funding the rival bid can ruin their chances in participating in the highly anticipated IPO, which it owns one third of.
Masayoshi Son, Softbank's founder and president is set to travel to the US to meet with major Sprint-Nextel shareholders.
Dish Network bid cut up by Softbank CEO. Softbank's list of achievements in order to acquire Sprint Nextel just got shorter when it was allowed by the Securities and Exchange Commission to send out proxy materials to its shareholders regarding the upcoming vote for the said buyout transaction.
Softbank will not modify the terms of its offer according to billionaire founder Masayoshi Son. In a statement, Softbank Corp said that its offer for 70% of Sprint Nextel Corp at US$20.
Intel CEO sends letter to FCC Chairman throwing support to the Softbank bid. Paul Otellini, the CEO of Intel Corp has sent a letter to the Federal Communications Commission vouching for his support for SoftBank's bid for Sprint Nextel instead of the Dish Network's unsolicited bid.
Softbank, despite its standing merger agreement provisions, allows Sprint to conduct discussions with Dish.
Clearwire shareholders to meet and approve Sprint Nextel offer of US$2.97 per share. Clearwire Corp is scheduling a shareholder meeting on May 21 to obtain a decision regarding the offer made by Sprint-Nextel for US$2.
Sprint-Nextel's board of directors has formed a special committee to evaluate the bid made by Dish Network.
