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)
  • mfk11
    , contributor
    Comments (3) | Send Message
     
    Finally!
    13 Dec 2012, 08:01 AM Reply Like
  • milehr
    , contributor
    Comments (484) | Send Message
     
    Finally? Ain't going to happen.
    13 Dec 2012, 08:17 AM Reply Like
  • milehr
    , contributor
    Comments (484) | Send Message
     
    Not a serious offer.
    13 Dec 2012, 08:17 AM Reply Like
  • ChicagoVol
    , contributor
    Comments (30) | Send Message
     
    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
  • dcmorris
    , contributor
    Comments (266) | Send Message
     
    So does one sell per market at 3.09 or wait for S at 2.90?
    13 Dec 2012, 09:16 AM Reply Like
  • Deja Vu
    , contributor
    Comments (1221) | Send Message
     
    Helix Investment Management stands vindicated...
    13 Dec 2012, 09:52 AM Reply Like
  • dsr70
    , contributor
    Comments (1453) | Send Message
     
    Looking back, Helix pegged their book at 3.24.
    13 Dec 2012, 02:53 PM Reply Like
  • sgtdave377
    , contributor
    Comments (3) | Send Message
     
    What an insult! CLWR can go into BK and probably reflect a $6/8 value.
    13 Dec 2012, 10:10 AM Reply Like
  • dsr70
    , contributor
    Comments (1453) | Send Message
     
    No way. The spectrum isn't worth anywhere near that when debt is considered.
    13 Dec 2012, 02:53 PM Reply Like
  • supersaverguy
    , contributor
    Comments (63) | Send Message
     
    i think it's time to sell.. on to the next..
    13 Dec 2012, 06:14 PM Reply Like
  • larry1135
    , contributor
    Comments (54) | Send Message
     
    Sell while you can.
    15 Dec 2012, 10:34 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|