Clearwire stockholders approve merger with Sprint
0. phoneArena 08 Jul 2013, 20:33 posted on
With 82% of Clearwire's minority shares voting in favor of Sprint's offer, the last hurdle has been cleared and the network wholesaler can now be purchased by the mobile carrier, which already owned a majority of the company; Clearwire holders owe a great deal of gratitude to Dish Network and its outspoken CEO Charles Ergen. Back in December, Sprint tried to buy the rest of Clearwire that it didn't already own for $2.90 a share...
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1. TheLolGuy (Posts: 483; Member since: 05 Mar 2013)
Well there has to be a reason they went so far to get the remainder of Clearwire. Now that it seems Masayoshi Son and Dan Hesse has their original plan following through quite nicely it'll be interesting to see what happens next...
2. lsutigers (Posts: 723; Member since: 08 Mar 2009)
Reason is Clearwire owns more spectrum than any other carrier by a long shot.