Deals
Dish Says $1 Billion Debt Offering May Fund Transactions
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A unit of Dish Network Corp., the third-largest U.S. pay-TV provider, said it will seek to raise $1 billion in debt for purposes that may include wireless transactions or acquisitions of airwaves.
Dish is seeking to forge a partnership or acquire a company in the wireless industry to add mobile capabilities to its satellite-TV product. The company made an offer to buy all of Clearwire Corp.’s outstanding shares for $3.30 each on Jan. 8. Clearwire said last month it’s still weighing that offer as well as a $2.97-a-share bid from Sprint Nextel Corp.