Dish Abandons Bid for Sprint
June 21, 2013 at 06:49 AM EDT
On June 21, 2013, DISH Network Corporation (NASDAQ: DISH ) decided to abandon its efforts to acquire Sprint Nextel Corporation (NYSE: S ), and as a result, DISH DBS Corporation (the “Company”), an indirect wholly-owned subsidiary of DISH Network, gave notice to redeem all of its outstanding 5%