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Thursday, May 16, 2013

Market Chatter-Corporate finance press digest, (NASDAQ: DISH), (NYSE: S)

The following corporate finance-related stories were reported by media on Thursday: * Dish Network Corp has lined up four banks to finance its $25.5 billion bid for Sprint Nextel Corp, escalating the bidding war against Japanese telecom company SoftBank Corp, according to two people familiar with the matter.* RP Martin Holdings Ltd, the British interdealer broker that became involved in the Libor fixing investigation when two of its employees were arrested in December, suspended its chief executive and a director on Wednesday, a source familiar with the matter told Reuters.

DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH traded higher by 0.93% or $0.36/share to $39.20. 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 1669897.

Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S fell by 0.14% or $-0.01/share to $7.25. In the past year, the shares have traded as low as $2.32 and as high as $7.40. On average, 61661900 shares of S exchange hands on a given day and today's volume is recorded at 43159968.



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