Investor’s Business Daily – The satellite TV firm’s $1.38 bil cash offer is also seen as a bid on behalf of an anonymous third party to ensure that TerreStar, which is operating under bankruptcy protection, doesn’t fetch low offers. Dish Network’s (NASDAQ:DISH – News) sister, EchoStar (NASDAQ:SATS – News), is a TerreStar creditor and would be harmed by a low price. TerreStar’s most coveted assets include wireless spectrum. A superior bid would have to top Dish’s by $55.5 mil, based on bankruptcy procedures. Dish fell 1.2% to 27.80.