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Some Clearwire (CLWR) investors are pushing Sprint (S) to at least match the $3.30-a-share put...

Some Clearwire (CLWR) investors are pushing Sprint (S) to at least match the $3.30-a-share put out on the table by Dish Network (DISH), even if consummation of a CLWR-DISH deal is judged to be a long shot. Glenview Capital Management plans to reject Sprint’s current offer, while Taran Asset Management is already on record with a complaint to the FCC over the bid.
Comments (4)
  • Leeeee
    , contributor
    Comments (2) | Send Message
     
    Hello.......haven't you noticed the stock is ALREADY trading for
    more than 3.30 a share.....so that number won't fly eighter.
    29 Jan 2013, 07:58 AM Reply Like
  • milehr
    , contributor
    Comments (527) | Send Message
     
    5 bucks to start the conversation.
    29 Jan 2013, 08:59 AM Reply Like
  • ashtarir
    , contributor
    Comments (87) | Send Message
     
    ok so what are our options here 5 bucks or 0. Its obvious that Sprint will be paying more than 2.97 but your dreaming if you think the number is going to be 5. I would expect somewhere between 3.30 to 4.30 range and a final deal to occur within the next few months. This transaction will not be benificial for anyone if once CLWR spends its last dime. Sprint needs to start putting that spectrum to use, which is something that CLWR has failed to do year after year. Maybe Sprint will offer sprint shares instead of more cash as part of a final deal. That would be a resonable proposal too.
    29 Jan 2013, 09:27 AM Reply Like
  • ashtarir
    , contributor
    Comments (87) | Send Message
     
    I take that back if CLWR goes broke Dish will be a winner.
    29 Jan 2013, 09:28 AM Reply Like
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