SoftBank’s Enhanced Sprint Offer Turns Spotlight On Dish

SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984)’s enhanced offer for Sprint Nextel Corporation (NYSE:S)  has turned the focus on DISH Network Corp (NASDAQ:DISH)’s chairman Ergen. Yesterday SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984) upped its offer for Sprint by 7.5 percent to $21.6 billion to counter Dish’s unsolicited proposal of $25.5 billion. SoftBank’s Sweetened Offer: The Tokyo-based mobile-phone carrier has sweetened its offer with $7.48 a share of Sprint Nextel Corporation (NYSE:S), against $6.30 a share proposed earlier. SoftBank Corp (OTCMKTS:SFTBF) (TYO:9984)’s October offer involved $20.1 billion for a 70 percent stake. Sprint Nextel Corporation (NYSE:S)’s board of directors also unanimously approved the Tokyo-based mobile phone…