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Wednesday, January 9, 2013

Takeover Digest-New York Times business news - Jan 9, (NASDAQ: DISH), (NYSE: S)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Dish Network made an unsolicited bid for Clearwire, the wireless network operator, a complicated offer that threatens the existing takeover deal by the company's majority owner, Sprint Nextel. ()* A former analyst at SAC Capital Advisors, the hedge fund owned by billionaire investor Steven Cohen, has given U.S. federal agents the names of about 20 people that he said engaged in insider trading, according to a court filing. ()

DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH fell by 1.02% or $-0.37/share to $35.97. In the past year, the shares have traded as low as $26.12 and as high as $37.92. On average, 3335210 shares of DISH exchange hands on a given day and today's volume is recorded at 3043918.

Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 0.17% or $0.01/share to $5.97. In the past year, the shares have traded as low as $2.10 and as high as $6.04. On average, 56085900 shares of S exchange hands on a given day and today's volume is recorded at 65518800.



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