Dish Network Corp said it was still examining Sprint Nextel Corp's books just two days before shareholders were due to vote on rival bidder SoftBank Corp's proposed $20.1 billion purchase of 70 percent of Sprint.Sprint shareholders were due to vote on Wednesday June 12 on the SoftBank deal, which Sprint accepted in October 2012.But satellite TV provider Dish, which made a $25.5 billion counter offer for Sprint in April, said on Monday that it was still in the process of negotiating the terms of an agreement of its own with Sprint, the No. 3 U.S. mobile provider.Dish, whose chairman Charlie Ergen is looking to expand into the wireless market, has been involved in a due diligence process with Sprint for a few weeks. Ergen had said his offer was subject to completing an examination of Sprint's books.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH fell by 0.72% or $-0.28/share to $38.86. 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 1055495.
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