Sprint (S) Looks to Acquire Clearwire (CLWR) for $2.90/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/5/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Tanker struck by projectile in Strait of Hormuz
Large Holder Thinks Clearwire (CLWR) Worth More than Twice Sprint's (S) Bid
December 14, 2012 9:33 AM ESTMount Kellett Capital Management LP sent a letter to the Clearwire Corporation (Nasdaq: CLWR) Board of Directors outlining issues related to, among other things, Clearwire's relationship with Sprint Nextel Corporation (NYSE: S). Full text of the letter follows:
December 14, 2012
BY EMAIL & FEDEX
Clearwire Corporation 1475 120th Avenue NE Bellevue, WA 98005 Attn: Special Committee of the Board of Directors
Dear Ladies and Gentlemen:
As you know from our previous correspondence to the Board of Directors, Mount Kellett Capital Management LP ("Mount Kellett" or "we")... More
Guggenheim Downgrades Clearwire (CLWR) to Neutral, Higher Bid 'Uncertain'
December 14, 2012 8:43 AM ESTGuggenheim downgraded Clearwire (NASDAQ: CLWR) from Buy to Neutral saying a material higher bid than Sprint's (NYSE: S) current $2.90/share offer is "uncertain".
The firm said the most likely outcome is a modest increase to the original... More
Softbank Chief Puts Tight Limit on Sprint's (S) Bid for Clearwire (CLWR)
December 14, 2012 6:38 AM ESTClearwire (Nasdaq: CLWR) holders may be in trouble.
According to reports out Friday, Softbank founder Masayoshi Son has said he would not back a deal for Sprint (NYSE: S) to buy Clearwire if the price exceeds $2.97 per share.
On Thursday, Sprint bid $2.90 for the remaining shares of Clearwire it didn't already own. The amount, plus... More
Analyst Says $2.90/Sh Just a 'Starting Point' for Sprint (S) in Clearwire (CLWR) Bidding
December 13, 2012 10:00 AM ESTAnalysts at JPMorgan have weighed in on news this morning that Sprint (NYSE: S) offered to acquire the 48% of Clearwire (Nasdaq: CLWR) that it doesn't own for $2.90/share, and if the analyst is correct the fun has just begun.
... More
Sprint's (S) Bid for Clearwire (CLWR) Undervalues Key Spectrum Assets - Analyst
December 13, 2012 8:38 AM ESTClearwire (Nasdaq: CLWR) is moving above Sprint's (NYSE: S) bid today as investors hope another bidder comes in over the top for the company.
Earlier, Sprint offered to purchase the remaining amount of stock in Clearwire is doesn't own -- about 47 percent -- for $2.90 per share. In addition, Sprint offered interim financing in the interim (to closing)... More
Sprint Nextel (S) Seeks to Buy Rest of Clearwire (CLWR) for $2.90/Share
December 13, 2012 6:16 AM ESTSprint Nextel (NYSE: S) seeks to buy rest of Clearwire (Nasdaq: CLWR) for $2.90 per share.... More
Sprint (S) May Have to Pay $5/Share to Gain Control of Clearwiere (CLWR) - BTIG
December 12, 2012 3:42 PM ESTAnalysts at BTIG said it's going to take much more than $3/share for Sprint (NYSE: S) to take control of Clearwire (Nasdaq: CLWR). Analysts at the firm said Sprint may have to pay north of $5/share to the remaining shareholders in order to gain control.... More
