Contrary to Sprint's (S) assertions, Dish's (DISH) bid for Clearwire (CLWR) is perfectly legal,...

|About: Sprint Corporation (S)|By:, SA News Editor

Contrary to Sprint's (S) assertions, Dish's (DISH) bid for Clearwire (CLWR) is perfectly legal, Dish argues in a public letter. Among other things, Dish claims its Clearwire financing proposal doesn't need Sprint's consent (Sprint feels differently), and that its tender offer for Clearwire doesn't require majority shareholder consent. (earlier)