Guggenheim Downgrades Clearwire (CLWR) to Neutral, Higher Bid 'Uncertain'
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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
Standard & Poor's Places Clearwire (CLWR) on CreditWatch 'Positive'
December 13, 2012 4:34 PM ESTStandard & Poor's Ratings Services placed its 'CCC' corporate credit rating, and all other ratings, on Bellevue, Wash.-based wireless service provider Clearwire Corp. (Nasdaq: CLWR) on CreditWatch with positive implications.
The CreditWatch listing follows Sprint Nextel Corp.'s (NYSE:... 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 (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
