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Sprint (S) says it isn't planning any immediate takeover of Clearwire (CLWR), tabling any talk...

  • Monday, October 15, 2012, 9:14 PM ET
    Sprint (S) says it isn't planning any immediate takeover of Clearwire (CLWR), tabling any talk of a deal for at least 6-8 months until the Softbank deal closes. Shares of Clearwire jumped 16% today on speculation of an imminent takeover, and have skyrocketed 78% over the last two trading days the previous week. Despite the fervor, a deal between the two is speculative at best. S doesn’t need to own CLWR because it already has access to its spectrum, and its very expensive to boot.
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This news story has 12 comments:

  •  
    oh, dear, clwr is going to dive tmr
    15 Oct 2012, 09:24 PM Reply Like
  •  
    It's already dropped .15 in after hours.
    15 Oct 2012, 09:43 PM Reply Like
  •  
    Yeah, and that is why 80+ million shares have traded, because they are all not knowledgeable of the final expected outcome.

    I am not selling yet.
    15 Oct 2012, 09:54 PM Reply Like
  •  
    And you were expecting Sprint to say something else? Jeez.

    Can you support the assertion "very expensive to boot"?
    15 Oct 2012, 10:06 PM Reply Like
  •  
    It is not in the Softbank's best interest to take full control of CLWR, because CLWR spectrum will be subjected to the government regulations for wireless carriers in that case. I believe that Softbank has far reaching ideas regarding S and CLWR that will spearhead the new paradigm of the wireless communications, with data access taking the prime spot. And WiMax will stay.
    15 Oct 2012, 10:23 PM Reply Like
  •  
    Put in a GTC to sell at $3 on Thursday and hoping to sell sooner than later.
    16 Oct 2012, 12:07 AM Reply Like
  •  
    "Not planning any immediate takeover of CLWR", means they are planning one at some point.
    16 Oct 2012, 12:08 AM Reply Like
  •  
    put a trailing stop loss of .10 cents to sell CLWR, on pre market and the market , take the profit before you lose it
    16 Oct 2012, 12:08 AM Reply Like
  •  
    why Hesse always ruins Clwr stock from last year by his comments
    16 Oct 2012, 12:08 AM Reply Like
  •  
    CLWR none of this information is new - it was rehashed from earlier in the day. it's a typical stall tactic during negotiations.. and why would Direct TV go all the trouble of filing a complaint with FCC about TWC and CMCSA ownership in CLWR? This is only the 1st inning.. a long ways to go....
    16 Oct 2012, 12:09 AM Reply Like
  •  
    go Sprint******
    16 Oct 2012, 08:54 AM Reply Like
  •  
    CLWR looks like it's going to open about 20% lower today.
    16 Oct 2012, 08:59 AM Reply Like
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