Reuters – Dish Raises $2.3B in Debt for Spectrum Purchases

Dish Network, controlled by billionaire chairman Charlie Ergen, has priced a debt offering of $2.3 billion, more than double the amount of debt than it said it would offer a day ago, Reuters reported. The company, which made a $2.3 billion bid to buy a minority stake in wireless service provider Clearwire Corp. in January, said the proceeds of the debt offering could be used for "wireless and spectrum-related strategic transactions."

4 April 2013•2 mins read
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