Sprint announces Clearwire acquisition

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Sprint today announced that it has officially entered into an agreement to acquire the roughly 50 percent stake in Clearwire that it currently does not own. At a rate of $2.97 per share, the price comes in at 128 percent value as compared to the closing price of shares on the day before the ...

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Sprint bids $2.1 billion for Clearwire buyout

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Sprint has formally offered $2.1 billion for the remaining 48.3 percent of Clearwire stake, according to Reuters. Pending acceptance and regulatory approval, Sprint will end up paying $2.90 per share for the deal, a slight premium over the closing price from yesterday. The transaction is ...

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