via mashable.com
Charging it will offer a "superior value for Sprint shareholders," Dish Network on Monday announced it was making a $25.5 billion bid for Sprint Nextel.
Dish is offering Sprint shareholders $17.3 billion in cash plus $8.2 billion in stock. Dish's bid of $7 a share is a 12.5% premium over Sprint's closing price on Friday. However, Monday morning Sprint's shares were up about 15% to $7.18 on the news. Dish's bid comes as Japan's SoftBank in October agreed to buy a 70% stake in Sprint.
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