Sprint announces Clearwire acquisition
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 …
Sprint bids $2.1 billion for Clearwire buyout
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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