Tuesday, December 18, 2012

Clearwire To Sell Remainder of Company To Sprint Nextel Corp for $2.2B

Sprint and Clearwire have reached an agreement whereby Sprint will purchase roughly half of Clearwire for $2.2 billion (approximately $2.97 per share). After the transaction is complete, Sprint will have full ownership of Clearwire. The announcement comes days after Clearwire shareholders said a $2.90 per share offer from Sprint was too low....

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