Dish Shareholders Sue Ergen Over LightSquared Bid – ValueWalk Premium
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Dish Shareholders Sue Ergen Over LightSquared Bid

DISH Network Corp (NASDAQ:DISH) is facing shareholder wrath over its handling of a takeover bid offer for LightSquared Inc.

Shareholders argue that two directors appointed by DISH Network Corp (NASDAQ:DISH) to a committee to evaluate the merits of a lawsuit have close ties with Chairman Charlie Ergen.

Charlie Ergen’s $2 billion bid for LightSquared

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