| Hmm...Intresting... When you look at the other Sprint news today, this begins to make sense. If Sprint is serious about making a counter-offer on MetroPCS, then the cash they get from this deal will help them in the other.
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| It doesn't make sense for it to go through but if it does, it would likely destroy Sprint. This guy is apparently the Japanese version of Richard Branson (Virgin label) but with a very poor track record.
»seekingalpha.com/article/918241-···ce=yahoo |
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| Just a piece of unsolicited advice. Take any 'reporting' that Dana Blankenhorn does which even remotely has anything to do with Sprint with a huge grain of salt. That guy has been wrong about S so often, it isn't funny. |
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 LinklistPremium
join:2002-03-03
Longport, NJ
kudos:5 | said by SteelerRaw :Just a piece of unsolicited advice. Take any 'reporting' that Dana Blankenhorn does which even remotely has anything to do with Sprint with a huge grain of salt. That guy has been wrong about S so often, it isn't funny.
Evidently he is RIGHT this time. Sprint has confirmed that they are in talks with Softbank. » news.cnet.com/8301-1035_3-575303···1_3-0-20Sprint has confirmed that it's holding discussions with Softbank. The company stopped short of saying that it will accept a full buyout, saying instead that the firms are discussing a "substantial investment." Here is Sprint's comment on the matter:
"Sprint today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint. Although there can be no assurances that these discussions will result in any transaction or on what terms any transaction may occur, such a transaction could involve a change of control of Sprint. Sprint does not intend to comment further unless and until an agreement is reached."
»www.gop.com/2012-republican-platform_home/
»www.gop.com/2012-republican-plat···onalism/ |
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| said by Linklist:Evidently he is RIGHT this time. Sprint has confirmed that they are in talks with Softbank.
Right about what exactly? This was widely reported before Blankenhorn weighed in on the matter. No, I was referring to his opinion on what a potential Sprint/Softbank tie-up could mean. The guy is very bearish on S, though his reasons don't usually add up. Pretty much every time he's made a gloom and doom prediction regarding S, the stock has surged. Even he will (grudgingly) admit to this. |
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