Item 1.01 Entry into a Material Definitive Agreement.
As previously disclosed in the Current Report on Form 8-K filed by DISH Network
Corporation, ("DISH"), on July 26, 2019 and subsequent periodic public filings
of DISH, DISH entered into an Asset Purchase Agreement (as amended, the "APA")
with T-Mobile US, Inc. ("TMUS") and Sprint Corporation ("Sprint" and after the
merger of Sprint and TMUS, "NTM").
On June 17, 2020, DISH and NTM entered into the First Amendment to the APA (the
"First Amendment") in which the parties agreed to: (i) close the transaction in
accordance with the APA on July 1, 2020; and (ii) therefore, extend the
termination date of the APA to July 1, 2020, such that neither DISH nor NTM can
terminate the APA due to the occurrence of the termination date prior to July 2,
2020, in each case subject to the terms and conditions of the APA (including the
satisfaction of the conditions to closing of the transaction) and the DOJ Final
Judgment (as defined in the APA).
The description of the First Amendment above is not complete and is qualified in
its entirety by the actual terms of the First Amendment, a copy of which is
filed as an exhibit hereto.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. Description
Exhibit 99.1 First Amendment to the Asset Purchase Agreement, dated June 17,
2020, by and between DISH and NTM
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
© Edgar Online, source Glimpses