Reuters: Technology News: Sprint raises its offer for Clearwire to $5/share

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Sprint raises its offer for Clearwire to $5/share Jun 20th 2013, 19:06 Tweet Share this Email Print Related News Softbank closer to acquiring Sprint after Dish abandons bid for now Wed, Jun 19 2013 Dish abandons Sprint bid for now to focus on Clearwire Tue, Jun 18 2013 Sprint sues Dish, Clearwire as key deadline looms Mon, Jun 17 2013 Clearwire urges shareholders to accept Dish offer Wed, Jun 12 2013 ISS backs SoftBank-Sprint deal after offer sweetened Wed, Jun 12 2013 Analysis & Opinion Google shareholders get modest future-proofing The chairman’s challenge: Bernanke says 'taper,' markets hear 'tighten' People walk past a Sprint store in New York December 17, 2012. Credit: Reuters/Andrew Kelly NEW YORK | Thu Jun 20, 2013 2:42pm EDT NEW YORK (Reuters) - Sprint Nextel Corp raised its buyout offer for Clearwire Corp to $5 per share on Thursday, trumping a $4.40 per share offer from Dish Network Corp. Clearwire said it changed its recommendation in favor of the Sprint offer after the price increase and postponed a June 24 shareholder vote until July 8. Sprint, already Clearwire's majority shareholder, raised its bid just a few days before shareholders in the smaller wireless company were due to vote on its previous $3.40 per share offer. (Reporting by Sinead Carew; Editing by Gerald E. McCormick) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions