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Dish (DISH) raises its offer for Clearwire (CLWR) to $4.40/share in cash, easily trumping...

Dish (DISH) raises its offer for Clearwire (CLWR) to $4.40/share in cash, easily trumping Sprint's (S) revised $3.40/share bid. Clearwire +21.6% AH to $4.23. The 4G carrier's minority shareholders are set to vote on Sprint's offer on Friday.
Comments (3)
  • This is either really clever and bold on Dish's part or really stupid. Whoever gets left holding the bag is probably going to suffer for a while.
    30 May 2013, 08:53 AM Reply Like
  • I gather Ergen is giving up on buying Sprint (he had his chance before Softbank and couldn't come to an agreement, supposedly also KDDI was approached by Sprint before Softbank), why else would he undermine the company he is trying to buy? I wonder who the hell is gonna deal with him and his spectrum after he loses Sprint and Clearwire. He's gonna be better off selling his spectrum (sooner the better because of the time constraints imposed by the fcc.
    30 May 2013, 11:51 PM Reply Like
  • Maybe Softbank can offer more for Clearwire than for Sprint . Since Softbank is cleared for security recently, they are free to change offer with more money going to Clearwire than to Sprint. Lets say ... offer $10 a share for Clearwire and the rest for Sprint shareholders , maybe $3 or so.. Sprint is worth less than Clearwire but lets be fair to both by split 50/50 to both. This way, Softbank can get them all unless Dish comes up with better offer like $15 for Clearwire and a dollar for Sprint??
    30 May 2013, 01:46 PM Reply Like
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