Clearwire (CLWR) execs have strong personal incentives to support Sprint's (S) $2.97/share...

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milehr Comments (280)
 
Sure. Always suspected that the board would be well rewarded by Sprint for the deal. And there are probably other incentives, such as cushy Sprint jobs. They are rushing, because understand that the longer it lingers, the higher the price CLWR will command.
8 Mar, 12:43 PM Reply Like

mgreens12 Comments (7)
 
Cushy Sprint jobs? really? you think Sprint is going to keep C-level execs on board one day after the acquisition? Not even close to the case.
14 Mar, 07:33 PM Reply Like

JayXu Comments (205)
 
Just sell to S and close the deal already!!
What the hell are they waiting for!
8 Mar, 12:45 PM Reply Like

alanbit123 Comments (2)
 
If the deal with Sprint closes, I think shareholders might have a valid lawsuit against the CEO, CTO, and CFO. Given the incentives they have for closing the Sprint deal, one might argue that they are acting in their own self interest rather than the interest of the shareholders. I ain't no lawyer, but hey.....
8 Mar, 01:20 PM Reply Like

alanbit123 Comments (2)
 
If the Sprint deal closes, and if the CEO, CTO, and CFO acted in their own self interest rather than the interest of the shareholders, I think shareholders might have good reason to pursue legal action.
8 Mar, 01:31 PM Reply Like

victorio Comments (2)
 
looks like conflict of interest between management and the board of directors vs the average stock holders
8 Mar, 01:36 PM Reply Like

nicguyinsc Comments (9)
 
I'm in at $3.21, for over two years now. I don't know what to do, or how either deal will effect me. I would think, that $2.97 is low, and I would also think that if 4G has any value in the market, that people would be diving after it like a fumbled football.
8 Mar, 04:05 PM Reply Like

zanajohn1 Comments (57)
 
This is a perfect opportunity for those big Class A shareholders who are publicly opposing S's bid for CLWR (Crestar Financial and Mount Kellet Partners) to take a page from Carl Ichan's playbook in opposing taking Dell Computers private:

"We anticipate years of litigation will follow challenging the transaction and the actions of those directors that participated in it."

-- Carl Icahn, in a letter to Dell pledging to fight a plan to sell the company to its founder, ca. 3/7/13.
9 Mar, 09:08 AM Reply Like