Topic: Charlie Ergen
$25 billion offer: Dish Network is offering to buy Sprint Nextel Corp. in a cash-and-stock deal Dish values at more than $25 billion, saying its bid for Sprint Nextel is superior to that of Japanese phone company SoftBank.
NBC, FOX, and CBS have file a lawsuit against Dish Network for Autohop, a feature that blacks out commercials on pre-recorded network shows. The networks argue that the feature violates copyright laws and jeopardizes the financial foundation of the entire television industry.
Dish Network and billionaire Carl Icahn are among those bidding for buy the video chain in a Manhattan bankruptcy court.
04/05/2011 12:49 am