UPDATE ON SPRINT $S $DISH $PCS
This post was just published on ZYX Short Change Alert. Sprint has an existing deal to be acquired by SoftBank of Japan. SoftBank offered a very attractive deal for Sprint similar to what many investors are clamoring for Dell. Under the deal, SoftBank is to acquire a 70% stake in Sprint and the remaining will be publically traded. Investors like this structure because they are able to cash out a large portion of their holdings but at the same time are able to participate in future growth. This morning, Dish Network started a Battle Royale for Sprint. Dish is offering $7