DISH Network (DISH) Calls it Quits on Clearwire (CLWR) Tender

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 DISH’s tender offer provided that it could be withdrawn, among other reasons, as a result of the recent change in recommendation by Clearwire.

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