Dish Network Corp on Tuesday said a subsidiary would sell $2.5 billion in debt to help finance Dish's proposed $25 billion acquisition of Sprint Nextel Corp. Dish said if the Sprint deal did not take place by a certain date, the subsidiary would redeem all the notes. Reuters reported last week that SoftBank Corp, which already has a deal to purchase Sprint, had asked banks not to finance Dish's unsolicited bid for the company.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH remained unchanged at $38.81. 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 0.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S remained unchanged at $7.18. In the past year, the shares have traded as low as $2.32 and as high as $7.40. On average, 62319100 shares of S exchange hands on a given day and today's volume is recorded at 206653.
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