Seeking Alpha

Sprint (S) offers to buy the portion of Clearwire (CLWR) it doesn't already own for $2.90 a...

Sprint (S) offers to buy the portion of Clearwire (CLWR) it doesn't already own for $2.90 a share, according to a SEC filing. The company proposes to provide interim financing of up to $800M. CLWR +1.8% premarket.
Comments (11)
  • Finally!
    13 Dec 2012, 08:01 AM Reply Like
  • Finally? Ain't going to happen.
    13 Dec 2012, 08:17 AM Reply Like
  • Not a serious offer.
    13 Dec 2012, 08:17 AM Reply Like
  • I wondered why I woke up with a red hand print on the side of my face. I guess it was from S slapping me in the face.
    13 Dec 2012, 08:52 AM Reply Like
  • So does one sell per market at 3.09 or wait for S at 2.90?
    13 Dec 2012, 09:16 AM Reply Like
  • Helix Investment Management stands vindicated...
    13 Dec 2012, 09:52 AM Reply Like
  • Looking back, Helix pegged their book at 3.24.
    13 Dec 2012, 02:53 PM Reply Like
  • What an insult! CLWR can go into BK and probably reflect a $6/8 value.
    13 Dec 2012, 10:10 AM Reply Like
  • No way. The spectrum isn't worth anywhere near that when debt is considered.
    13 Dec 2012, 02:53 PM Reply Like
  • i think it's time to sell.. on to the next..
    13 Dec 2012, 06:14 PM Reply Like
  • Sell while you can.
    15 Dec 2012, 10:34 AM Reply Like
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