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> Exclusive: SoftBank asks banks not to finance Dish's Sprint bid |  |
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Exclusive: SoftBank asks banks not to finance Dish's Sprint bid |
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Yahoo! Tech/Internet News
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05/10/2013 at 20:54:50 |
 By Soyoung Kim and Olivia Oran NEW YORK (Reuters) - SoftBank Corp is playing it rough in its attempt to keep Dish Network Corp from breaking up its $20.1 billion deal to take control of Sprint Nextel Corp. The Japanese telecom company, which owns 33 percent of Alibaba Group Holding Ltd, has told banks that their financing of Dish's $25.5 billion rival offer for Sprint could hurt their chances of landing a role in a highly anticipated public offering of the Chinese e-commerce giant, two sources familiar with the situation said. SoftBank, Dish and Sprint declined to comment. ...
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