Dish Having Second Thoughts About Buying Boost
Jun 11, 2020, 3:47 PM by Rich Brome @richbrome
Dish is trying to re-negotiate its deal to buy Boost Mobile, according to reporting from Fox Business. The US Department of Justice mandated that Sprint sell its Boost prepaid business as part of the company's deal to merge with T-Mobile. The agreed-upon purchase price was $1.4 billion, but Dish is now balking at that number. T-Mobile would need to find another buyer, and a major private equity firm may be interested. Dish was supposed to close the Boost purchase by June 1st. The DoJ has its own final deadline of July 1st for the deal.