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Sprint Boosts Clearwire Buyout Off PDF Print E-mail
Sunday, 23 June 2013
It’s been quite awhile when Sprint has duly announce that they will be buying out Clearwire’s spectrum, in which the respective acquisition is still taking place, with not much of a progress from both parties, up until now. Apparently, both Sprint and Dish are battling out each other for taking over the 50 percent controlling stake in Clearwire, in which the battle is pushing Clearwire’s stock prices up higher.

For your info, Dish offered $4.40 per share just last month for Clearwire, following Sprint’s offer of $3.40 per share bid that was made sometime in December. And judging by the fact that Dish is ahead in the bid, Sprint has made a new buyout offer of $5 per share, which would push Clearwire’s overall market value at $14 billion. Of course, Clearwire’s CLWR trading price jumped to a new height following the bidding offer.

Sprint Boosts Clearwire Buyout Offer to $5 Per Share, $14 Billion Valuation

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