EchoStar shares off on speculation of spectrum bid
“The rules are you can't talk (mergers and acquisitions) with anybody who's bidding in the auction, so if EchoStar are bidding then they can't talk with AT&T”
Concern stems from regulatory rule preventing merger talks between bidding parties, which include possible EchoStar suitor AT&T. Shares in EchoStar Communications fell as much as 10.6 percent on Tuesday as ... via CNET News.com
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#1 Dec 6, 2007
I hope Echostars bid is successful! Nothing against google but geez...thst company does ONE thingwell, and thats search technology. Every other venture has just lagged on or fallen by the wayside.
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