Softbank ups Sprint offer to $21.6B
As the battle between SoftBank and Dish in the takeover of Sprint increasingly heats up, SoftBank has announced that it will raise its offer to from $20.1 billion to $21.6 billion. SoftBank said Monday that the amended merger agreement will give shareholders a greater value, including greater cash consideration and increased certainty. Under the new agreement SoftBank said it will deliver an additional $4.5 billion of cash to Sprint stockholders at closing, which brings the total cash consideration available to Sprint stockholders to $16.64 billion. This offer would also give SoftBank a…
Follow this link: Softbank ups Sprint offer to $21.6B
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