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clearwire

FCC approves Softbank's investment in Sprint and Sprint's acquisition of Clearwire

FCC approves Softbank's investment in Sprint and Sprint's acquisition of Clearwire

Jerry Hildenbrand 26

The FCC has reached two very important decisions for Sprint today. The commission has voted unanimously to approve all applications filed by Softbank, Sprint and Clearwire concerning the recent acquisition and investment news. This means Softbank now has the green light to pour their 22 Billion into Sprint, and likewise Sprint has the go ahead to purchase the 49-percent of Clearwire...

Sprint bumps offer for Clearwire to $5 per share, valuing the company at $14 billion

Sprint bumps offer for Clearwire to $5 per share, valuing the company at $14 billion

Andrew Martonik 20

Large number of Clearwire minority shareholders on-board with the deal Sprint announced today that it has entered an agreement to buy the half of Clearwire that it does not already own for $5 per share, beating Dish's current offer by $0.60 per share. The revised deal values Clearwire at $14 billion, represents a 47-percent increase over Sprint's previous offer of $3.40 per share and a...