DISH Network Corp (DISH) announced that it has planned to engaging in full due diligence and continued discussions with Sprint Nextel Corp. (S)
DISH Network responded to Sprint's announcement that it has received a waiver of various provisions under merger deal between it and SoftBank Corp(SFTBF.PK).
The waiver will permit Sprint and its representatives to furnish non-public information concerning Sprint to DISH, and to engage with DISH in discussions and negotiations regarding its proposal.
"We remain confident that this process will confirm the superiority of our proposal, the reasoning behind our synergy projections and our vision for a competitively superior DISH-Sprint," said DISH Chairman Charlie Ergen.
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