Clearwire shareholders vote for Sprint deal

[Omaha Steve]

Source: AP-Excite

NEW YORK (AP) - Clearwire Corp. (CLWR) says its shareholders have voted in favor of selling the rest of its shares to majority owner Sprint Nextel Corp. (S)

Sprint offered $5 per share for the rest of Clearwire, which runs a mobile broadband network that Sprint uses to provide "Sprint 4G" service on many of its phones.

Sprint hopes the deal will make it more competitive with bigger rivals Verizon Wireless and AT&T Inc. (T) It had to raise its original bid for Clearwire to overcome a competing bid from Dish Network.

FULL story at link.


Read more: http://apnews.excite.com/article/20130708/DA7DHN881.html

[AmyStrange]

1. Clearwire is now Sprint huh...

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I have been with Clearwire for almost five years now, no real complaints. Hope things don't get screwed up because of this,

d

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thanks Steve for Sharing