Dish Pulls In $9B In Financing Toward Bid For Sprint

Law360, Los Angeles (May 23, 2013, 10:12 PM EDT) -- Dish Network Corp. has locked down $9 billion in committed financing from five banks to finance its $25.5 billion cash-and-stock bid to buy Sprint Nextel Corp., a person familiar with the matter told Law360 on Thursday.

The banks that have signed financing commitment letters to Dish include Barclays Bank PLC and Jefferies & Co., according to the source. If Dish's acquisition of Sprint is realized, it could create one of America’s largest integrated media and telecom companies.

A Dish spokesperson on Thursday touted the company's prospects...
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