The only issue I see with this is it looks like DISH is offering a lot of money... but does DISH have money after the purchase
DISH has a LOT of debt. The combined debt of both (S and DISH) as of 12/13/12 was nearly 36 billion, this does not include the additional $9 billion that DISH will finance to put the merger together.
Sprint Corporation's debt is already rated at junk level, and DISH is at Ba2 according to Moody's which is just above junk grade. It kind of sounds like a risky proposal for DISH.