Japan's SoftBank Corp said it will hold a news conference from 0800 GMT on Tuesday about the company's deal to acquire a 70 percent stake in Sprint Nextel Corp after U.S. satellite TV provider Dish Network Corp launched an opposing bid. SoftBank president Masayoshi Son, who has remained tight-lipped on Dish's bid for Sprint, will hold a media briefing in Tokyo after its fiscal 2012 results, the company said.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH traded higher by 1.43% or $0.57/share to $40.56. In the past year, the shares have traded as low as $26.12 and as high as $40.34. On average, 3176820 shares of DISH exchange hands on a given day and today's volume is recorded at 2773781.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S remained unchanged at $7.12. In the past year, the shares have traded as low as $2.32 and as high as $7.35. On average, 48841400 shares of S exchange hands on a given day and today's volume is recorded at 30245918.
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