GameStop Corp. (GME), Dollar General Corp. (DG): Today’s 3 Best Stocks

Finally, wireless service provider Sprint Nextel Corporation (NYSE:S) jumped 2.4% after SoftBank and Sprint Nextel Corporation (NYSE:S) amended their merger agreement. In more direct terms, SoftBank upped its cash offer to Sprint shareholders when the deal is complete from $4.02 per share to $5.50 (an increase of $4.5 billion), which equates to a purchase price ranging from $7.30 to $7.65. SoftBank intends to fund the additional $4.5 billion through a reallocation of investment funds initially promised to Sprint. This move should all but seal merger talks between these two companies and push DISH Network Corp (NASDAQ:DISH)‘s competing bid to the back burner.

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Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool owns shares of GameStop and Microsoft.

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