Dish Network Corp offered to purchase Sprint Nextel Corp for $25.5 billion in cash and stock, a move that could thwart Sprint's proposed acquisition by Japan's SoftBank Corp. Dish said it would pay $4.76 per share in cash and about 0.05953 in Dish stock, a premium of roughly 12 percent to Sprint's close on Friday.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH remained unchanged at $37.63. In the past year, the shares have traded as low as $26.12 and as high as $38.44. On average, 2558490 shares of DISH exchange hands on a given day and today's volume is recorded at 0.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S remained unchanged at $6.22. In the past year, the shares have traded as low as $2.30 and as high as $6.33. On average, 35154700 shares of S exchange hands on a given day and today's volume is recorded at 72650.
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