DISH Network (DISH) Calls it Quits on Clearwire (CLWR) Tender
Get Alerts DISH Hot Sheet
Price: $5.77 --0%
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 17.3%
Revenue Growth %: -100.0%
Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 17.3%
Revenue Growth %: -100.0%
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DISH Network Corporation (Nasdaq: DISH) announced that its wholly-owned subsidiary, DISH Acquisition Holding Corporation, is withdrawing its tender offer to acquire all of the outstanding shares of Class A Common Stock of Clearwire Corporation (NASDAQ: CLWR), including any shares of Class A Common Stock issued in respect of outstanding shares of Class B Common Stock, for $4.40 per share. DISH’s tender offer provided that it could be withdrawn, among other reasons, as a result of the recent change in recommendation by Clearwire.
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