Tuesday, April 30, 2013

SoftBank CEO calls Dish bid for Sprint 'incomplete and illusory'

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SoftBank CEO Masayoshi Son has come out swinging against the rival bid for Sprint from Dish Network. At a press conference in Tokyo, Son argued that SoftBank doesn't think it is necessary to raise its $20.1 billion bid for Sprint, and maintained that it represents a better option than Dish's $25.5 billion offer. While Dish has claimed that their bid is worth $7 a share, Son questioned the company's numbers, asking "Is it right? Is it true? Is it misleading? I would say the number is wrong. Totally wrong. It is incomplete and illusory."


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via The Verge - All Posts http://www.theverge.com/2013/4/30/4285174/softbank-masayoshi-son-calls-dish-sprint-bid-misleading

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