It’s War—SoftBank CEO Slams DISH’s Proposal to Merge with Sprint
By| May 1, 2013
SoftBank’s CEO launched a fierce attack on DISH’s competing bid to merge with Sprint Nextel during the company’s earnings call Tues, 2 weeks after the satellite company announced its $25.5bln proposal. Calling the DISH bid “incomplete” and “illusory,” Masayoshi Son claimed the Japanese mobile carrier’s $20.1bln bid offers better value to Sprint investors. As a result, don’t count on SoftBank to up its offer. More on Son’s reasoning here.
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