Sprint nears endgame; DISH's odds get longer

Sprint Nextel has set a June 25 date to vote on the latest takeover offer from SoftBank, leaving DISH Network with fewer options after its talks with Sprint reportedly fell apart over a number of differences, including the carrier's reported demand for a $3 billion reverse breakup fee. DISH, which has until Tuesday to submit a new bid, says it is considering its options. SoftBank CEO Masayoshi Son reportedly changed his mind and sweetened his bid for Sprint to speed up the process.

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