BTIG Says Sprint Will Likely Fall Below $7/Share as Offers from Softbank, Dish Disappear
June 19, 2013 at 14:40 PM EDT
BTIG's Walter Piecyk believes Sprint (NYSE: S ) shares could move below $7 as the chances for a higher bid from Softbank or Dish (NASDAQ: DISH ) begin to evaporate. Piecyk warned the stock could continue lower under $7 if the lofty leverage within the Softbank deal is based
