Examples of Sprint Merger in a sentence
Consummation of the Sprint Merger itself caused T-Mobile US to exceed the current attributable spectrum holding threshold for all spectrum suitable and available for mobile wireless service in various counties.
The Clearwire Board concluded, among other things, that (1) the revised Sprint Merger Agreement and the Sprint-Clearwire Merger were advisable, fair to and in the best interests of Clearwire and its stockholders, (2) the adoption of the revised agreement should be submitted to Clearwire’s stockholders and (3) recommended that Clearwire’s stockholders vote in favor of the Sprint-Clearwire Merger.
This public offer was consistent with DISH’s scheme to frustrate Sprint’s objectives in the Sprint Merger Agreement by interfering with the Sprint-SoftBank Merger which was a condition to the Sprint Merger Agreement.
On June 5, 2013, Clearwire advised Sprint that it intended to issue an Adverse Company Board Recommendation, as that term is defined in the Sprint Merger Agreement.
Despite its claims, Clearwire failed to negotiate with Sprint thereby breaching the Sprint Merger Agreement.
Before entering into the Sprint Merger Agreement, Clearwire sought to engage DISH in discussions, but DISH refused to negotiate and did not make a meaningful proposal.
Defendant DISH is sued herein for tortious interference with contract and performance of the Sprint Merger Agreement and the Interim Financing Agreement.
Sprint and Clearwire entered into an amendment to the Sprint Merger Agreement by which the consideration to be paid to Clearwire stockholders was increased to $3.40 per share.
Such breaches could not and would not occur but for the conduct of DISH, which knowingly interfered with and continues to interfere with the Sprint Merger Agreement and the Interim Financing Agreement.
Sprint also requested additional information to aid in its assessment of Clearwire’s claim that Clearwire would “be able to resolve the non- monetary terms of the DISH [P]roposal.” Sprint reiterated that the May 29 DISH Proposal was not actionable and that Clearwire had failed to offer to negotiate with Sprint to adjust the terms of the Sprint Merger Agreement as required under Section 4.3(c).