Dish Launches Clearwire Bid
Satellite giant's $3.30 per share offer could trump Sprint
By Mike Farrell, Multichannel News -- Broadcasting & Cable, 1/8/2013 7:40:15 PM
In a brief statement Tuesday, Dish said that it had approached Clearwire and made an offer of $3.30 per share for its outstanding stock, a bid that would appear to far outpace the $2.97 per share that Sprint-Nextel agreed to pay for the remaining shares it does not already own in the WiMax pioneer.
"We look forward to working with Clearwire's Special Committee as it evaluates our proposal," said Dish executive VP of corporate development Tom Cullen in a statement. Dish said it would have no further comment.
Click here to read the full story at Multichannel.com.
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