Investors praise takeover offer, while bondholders worry about hike in leverage.
By Charles Mead and David Holley, Bloomberg|April 19, 2013 at 08:44 AM
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Sprint Nextel Corp. bondholders are at odds with shareholders from Leon Cooperman to John Paulson who’ve praised a takeover bid from Dish Network Corp. that may amplify the largest junk issuer’s debt load by 31 percent.
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