{"id":1687276,"date":"2022-10-12T22:07:26","date_gmt":"2022-10-13T02:07:26","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1687276"},"modified":"2022-10-12T22:07:34","modified_gmt":"2022-10-13T02:07:34","slug":"dish-network-chairman-backed-spac-in-talks-to-buy-wireless-business-unit","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dish-network-chairman-backed-spac-in-talks-to-buy-wireless-business-unit\/","title":{"rendered":"Dish Network chairman-backed SPAC in talks to buy wireless business unit"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdish-network-chairman-backed-spac-in-talks-to-buy-wireless-business-unit%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1687276&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>(Reuters) \u2013     Blank-check firm CONX Corp, backed by Dish Network Corp Chairman Charles Ergen, said on Wednesday it has begun preliminary discussions to acquire Dish\u2019s retail wireless unit, Boost Mobile.<\/p>\n<p>The special-purpose acquisition company (SPAC) said it will appoint a special committee of independent and disinterested directors to evaluate and approve the terms of any deal with the pay-TV and wireless carrier.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\">\n<\/div>\n<p>Dish confirmed that it was in preliminary talks with CONX. \u201cWe do not intend to provide further updates unless and until those discussions conclude in agreement as to a transaction,\u201d a company spokesperson said in an email to Reuters.<\/p>\n<p>Dish acquired Boost Mobile in 2020 as part of the T-Mobile and Sprint merger after the companies agreed to divest some assets including some wireless spectrum to create a new wireless competitor.<\/p>\n<p>CONX also asked its stockholders to vote in favor of a proposal to extend the date by which it must complete a business combination with Boost Mobile from Nov. 3, 2022 to June 3, 2023. A special meeting of its stockholders will be held on Oct. 31, it added.<\/p>\n<p> (Reporting by Akanksha Khushi in Bengaluru; Additional reporting by Baranjot Kaur Editing by Subhranshu Sahu)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/dish-network-chairman-backed-spac\/attachment\/dish-network-corp-chairman-charles-ergen-exits-the-us-bankruptcy\/\"><img decoding=\"async\" src=\"https:\/\/c3.oann.com\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2022binary_LYNXMPEI9C01L-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI9C01L-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 Blank-check firm CONX Corp, backed by Dish Network Corp Chairman Charles Ergen, said on Wednesday it has begun preliminary discussions to acquire Dish\u2019s retail wireless unit, Boost Mobile.<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1687276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1687276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1687276"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1687276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1687276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1687276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1687276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}