namatad: FFSMy company is now part of the S&P 500?? WOHOOOOOOOOOOOOOOOOand why am I always the last to know?and why dont I own any shares or options?/fml
Twilight Farkle: The story so far:[i.imgur.com image 640x512]This is the story of two telcos. This one's called Sprint, and this one's called Clearwire. Sprint has a business, and Clearwire has some underutilized spectrum. When Sprint tried to buy Clearwire, Dish stepped in to buy Sprint, and when that didn't work, Dish also tried to buy Clearwire for $4.40. The Japanese firm SoftBank then rode in as a white night to buy Sprint -- but Sprint had to bump up its bid for Clearwire to $5 in order to prevent Dish from getting Clearwire's spectrum.Confused? You won't be after this week's episode of... Soap FISH!
Piizzadude: your a bit off on that.
Twilight Farkle: Piizzadude: your a bit off on that.Thanks for filling in the gaps! (I hadn't been following the soap opera very closely, especially after the second round of boosted bids...) Your analysis looks sound; I agree that with Softbank behind them, Sprint can afford to do a lot of things they couldn't do - and really want to do - before. I never quite understood how Dish proposed to make both the combined phone/satellite businesses work out; there doesn't seem to be much overlap there, but swapping the TV business for the phone business has potential.
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