Analyst Says $2.90/Sh Just a 'Starting Point' for Sprint (S) in Clearwire (CLWR) Bidding
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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
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 (S) Looks to Acquire Clearwire (CLWR) for $2.90/Share
December 13, 2012 6:19 AM ESTSprint 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 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
MetroPCS (PCS) Slumps on Clearwire (CLWR), Sprint (S) Chatter
December 11, 2012 11:41 AM ESTMetroPCS Communications (NYSE: PCS) shares are slumping following reports that Sprint (NYSE: S) and Clearwire (Nasdaq: CLWR) might be nearing a tie-up. Shares are down 1.9 percent on the session now.... More
UPDATE: Clearwire (CLWR) and Sprint (S) Mover Closer on Deal; Shares Halted on Breaker
December 11, 2012 11:36 AM EST(Updated - December 11, 2012 11:40 AM EST)
CNBC's David Faber is reporting that Clearwire (Nasdaq: CLWR) and Sprint (NYSE: S) are moving closer on a deal. While nothing is imminent a deal could be announced by year... More
