SoftBank disregards Dish’s $25 billion offer to buy Sprint
SoftBank, the Japanese telecom that thought it was all set to buy 70 percent of Sprint, is trying to act unfazed by yesterday’s surprise news that satellite TV company Dish offered $25.5 billion in cash and stock to buy the Overland Park-based company.
Dish, which upped SoftBank’s offer, said that if it acquired Sprint, it would be capable of offering TV, Internet service and phone to customers at home and away from home. Tuesday, SoftBank released a statement basically saying, “Pshh. Whatever, Dish. We called dibs.” The company said it still plans on completing the transaction July 1.
