Sprint Forms Committee To Assess $25.5B Dish Offer, Weigh Up If Softbank Will Increase Its Bid

More developments on the unsolicited Dish offer to buy Sprint for $25.5 billion, first announced one week ago. Sprint announced that it has formed a Special Committee, from independent directors, to review and evaluate the deal, and weigh up whether it is "reasonably likely" that Softbank will increase its original offer of $20.5 billion, first made last year with the support of Sprint.

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