Breaking News

Samsung Galaxy S25 Edge Features New Corning Gorilla Glass Ceramic 2 for Enhanced Durability Razer announces Clio Chair Accessory for Audio Immersion Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance ADATA Launches T7 and T5 Enterprise SSD Series

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Sprint Receives Waiver from SoftBank

Sprint Receives Waiver from SoftBank

Smartphones May 21,2013 0

Sprint Nextel has received from SoftBank a waiver of various provisions of the merger agreement between Sprint and SoftBank. The waiver will permit Sprint and its representatives to furnish non-public information concerning Sprint to DISH Network Corp. and to engage with DISH in discussions and negotiations regarding its proposal made on April 15, 2013. Prior to furnishing non-public information to DISH, Sprint will enter into a confidentiality agreement with DISH containing customary limitations on the use and disclosure of all non-public written and oral information furnished to DISH by or on behalf of Sprint.

Dish said it welcomed the waiver, which will allow full due diligence with Sprint. "We remain confident that this process will confirm the superiority of our proposal," Dish's Ergen said in a statement.

Sprint added that its board of birectors had not determined that the DISH proposal in fact constituted a superior offer under the existing merger agreement, and there could be no assurance that the DISH proposal would ultimately lead to a superior offer.

"The Sprint Board of Directors has not changed its recommendation with respect to, and continues to support, the company's pending transaction with SoftBank," Sprint said in a statement.

Sprint will continue to evaluate the DISH proposal and discuss the proposal with DISH and SoftBank.

Tags: SprintDishsoftbank
Previous Post
Opera For Android Browser Exits Beta
Next Post
Sharp To Launch New UD1 4K TV Series in Japan

Related Posts

  • SoftBank Reports $18 Billion Loss from Vision Fund

  • SoftBank Sees $7-billion Full-year Net Loss

  • WeWork Sues SoftBank After $3-billion Tender Offer Collapses

  • SoftBank Cancels $3 billion WeWork Tender Offer

  • T-Mobile Completes Merger with Sprint

  • SoftBank Unveils $41 Billion Asset Sale Plan

  • T-Mobile Says it is Financially Prepared to Close the Sprint Merger

  • FCC Proposes Over $200 Million fines Against Wireless Carriers For Failing to Protect Consumer Location Data

Latest News

Samsung Galaxy S25 Edge Features New Corning Gorilla Glass Ceramic 2 for Enhanced Durability
Smartphones

Samsung Galaxy S25 Edge Features New Corning Gorilla Glass Ceramic 2 for Enhanced Durability

Razer announces Clio Chair Accessory for Audio Immersion
Consumer Electronics

Razer announces Clio Chair Accessory for Audio Immersion

Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go
PC components

Razer Unveils Ergonomic Gaming Mouse and Keyboard for Gaming on the Go

Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance
Cooling Systems

Noctua releases NH-D15 G2 specific offset LGA1851 mounting bars for improved cooling performance

ADATA Launches T7 and T5 Enterprise SSD Series
Enterprise & IT

ADATA Launches T7 and T5 Enterprise SSD Series

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Rock 5

be quiet! Dark Rock 5

G.skill Trident Z5 Neo RGB DDR5-6000 64GB CL30

G.skill Trident Z5 Neo RGB DDR5-6000 64GB CL30

Arctic Liquid Freezer III 420 - 360

Arctic Liquid Freezer III 420 - 360

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Crucial Pro OC 32GB DDR5-6000 CL36 White

Crucial Pro OC 32GB DDR5-6000 CL36 White

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed