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Who will make what in the Clearwire acquisition

Posted: , by Alan F.

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Who will make what in the Clearwire acquisition
Now that Sprint has raised its bid for Clearwire to $5 a share, it has received the support of the network wholesaler's board. Major stockholders and funds have now switched from supporting Dish's $4.40 a share bid to rallying behind Sprint's higher offer. Mount Kellett Capital Management is the company's largest stockholder with an 18.22% stake and its haul from Sprint's offer will amount to almost $638 million. Comcast is next with 12.66% of the company which is worth $442.5 million at the $5 price.

Sprint could be rightly accused of trying to steal the company, considering that it's first offer for the shares of Clearwire that it doesn't own was $2.97. Dish lobbed in a $3.30 a share bid which Sprint eventually topped with a $3.40 a share offer. Dish then went to $4.40 which appeared to be the winner until Sprint topped it at $5.

The Clearwire stockholder vote is now set for July 8th and the chart below shows what the top Clearwire stock holders will receive if Sprint's $5 bid is approved by stockholders.

List of top Clearwire stockholders and what they stand to receive at $5 a share

List of top Clearwire stockholders and what they stand to receive at $5 a share


source: AllThingsD

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posted on 23 Jun 2013, 23:12 1

1. Daftama (Posts: 563; Member since: 03 Nov 2012)


Sprint + clear wire + softbank = Largest company world wide + aiming to become number 1 worldwide... In the next 5-10yrs that is

posted on 23 Jun 2013, 23:14 2

2. Daftama (Posts: 563; Member since: 03 Nov 2012)


Please change the name Sprint has a bad rep

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