Dish Network chairman-backed SPAC in talks to buy wireless business unit

📆 10/13/2022 1:40 AM
📰 Reuters

⏱ Reading Time:
24 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Blank-check firm CONX Corp , backed by Dish Network Corp Chairman Charles Ergen, said on Wednesday it has begun preliminary discussions to acquire Dish's retail wireless unit, Boost Mobile.

Chairman Charles Ergen, said on Wednesday it has begun preliminary discussions to acquire Dish's retail wireless unit, Boost Mobile.

The special-purpose acquisition company said it will appoint a special committee of independent and disinterested directors to evaluate and approve the terms of any deal with the pay-TV and wireless carrier. Dish confirmed that it was in preliminary talks with CONX. "We do not intend to provide further updates unless and until those discussions conclude in agreement as to a transaction," a company spokesperson said in an email to Reuters.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DWAC Stock Price | Digital World Acquisition Corp. Cl A Stock Quote (U.S.: Nasdaq) | MarketWatchDWAC | Complete Digital World Acquisition Corp. Cl A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview. Lol, doa MAGA LOVES BIG TECH 💰 Well played Google, well played It’s going down and the MAGA can’t say that you didn’t allow them access One less Victimhood excuse. Thank you!
Source: MarketWatch - 🏆 3. / 97 Read more »