Clearwire Corp (CLWR) trading halted with news pending
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Clearwire (CLWR) Resumes Trading up 10% after Dish Bid
January 8, 2013 6:11 PM ESTClearwire (Nasdaq: CLWR) resume trading up 10% after the unsolicited $3.30/share bid from DISH (Nasdaq: DISH).... More
Clearwire (CLWR) set to resume trading at 6:10PM after Dish bid
January 8, 2013 6:04 PM ESTClearwire Corporation (Nasdaq: CLWR) set to resume trading at 6:10PM after unsolicited $3.30/share bid from DISH (Nasdaq: DISH).... More
Sprint (S) Weaker as Dish (DISH) Bid or Clearwire (CLWR)
January 8, 2013 5:18 PM ESTSprint (NYSE: S) is weaker after-hours after takeover target Clearwire (Nasdaq: CLWR) received a $3.30/share unsolicited offer from Dish (Nasdaq: DISH).
In December, Sprint agreed to acquire Clearwire for $2.97/share.... More
DISH (DISH) Makes $3.30/Share Bid for Clearwire (CLWR)
January 8, 2013 5:15 PM ESTClearwire (Nasdaq: CLWR) today announced that it has received an unsolicited, non-binding proposal) from DISH Network Corporation (Nasdaq: DISH). The DISH Proposal, as further summarized below, provides for DISH to purchase certain spectrum assets from Clearwire, enter into a commercial agreement with Clearwire, acquire up to all of Clearwire's common stock for $3.30 per share (subject to minimum ownership of at least 25% and granting of certain governance rights) and provide Clearwire with financing on specified terms.
The DISH Proposal is only a preliminary indication of interest and is subject to numerous,... More
Wells Fargo Downgrades Clearwire (CLWR) to Market Perform on Pending Takeover
January 7, 2013 3:00 PM ESTWells Fargo downgraded Clearwire (NASDAQ: CLWR) from Outperform to Market Perform with a valuation target of $2.97 amid the pending takeover by Sprint.
The firm comments, "We are downgrading our rating on CLWR shares to Market Perform from Outperform. Given Sprint's announcement on December 17,... More