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Large Holder Thinks Clearwire (CLWR) Worth More than Twice Sprint's (S) Bid

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Sprint (S) Looks to Acquire Clearwire (CLWR) for $2.90/Share

December 13, 2012 6:19 AM EST

Sprint Nextel (NYSE: S) seeks to buy rest of Clearwire (Nasdaq: CLWR) for $2.90 per share.

From an amended 13D filed this morning:

On October 11, 2012, BHN Spectrum provided Clearwire and Clearwire Communications with a written notice of its request to exchange all of the shares of Class B Common Stock together with all of the Clearwire Communications Class B Common Interests held by BHN Spectrum into an equal number of shares of Class A Common Stock (the BHN Exchange). The BHN Exchange was completed on October 18,... More

Sprint Nextel (S) Seeks to Buy Rest of Clearwire (CLWR) for $2.90/Share

December 13, 2012 6:16 AM EST

Sprint Nextel (NYSE: S) seeks to buy rest of Clearwire (Nasdaq: CLWR) for $2.90 per share.... More