Softbank-Sprint

This takes things a step closer to a newly formed company, with only the FTC needed to approve the deal. For shareholders, the deal gives them $7.65/share, or they can convert their shares 1:1 into the newly formed company.

Clearwire logo

The focus now shifts to Clearwire, where Dish has a new set of headaches. Sprint’s deal with Softbank hinges, in part, on Sprint’s ability to acquire the remaining half of Clearwire it didn’t already own.

Sprint

Softbank has increased their offer for Sprint to $21.6 billion, up from just over $20 billion, and restructured it to give them a larger stake. The new offer is for $16.6 billion in cash, and $5 billion invested into the new company. Is more money to shareholders, and less invested into the new company, a good idea?