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Sprint raises its bid to buy Clearwire, seeks to thwart Dish

0. phoneArena posted on 21 May 2013, 11:52

On Tuesday, Sprint raised its bid to buy Clearwire to $3.40 a share which surpasses the offer made by Dish Network to buy the network wholesaler; Sprint's move comes just hours before Clearwire holders were to vote on Sprint's earlier offer which was $2.97 a share. Sprint was receiving financing from SoftBank to complete the purchase...

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posted on 21 May 2013, 16:47

1. JeffPom (unregistered)

Mind numbing.

Softbank wants to buy Sprint. Softbank is going to loan Sprint money to buy Clearwire so they don't let Dish buy it.

But... Dish also wants to buy Sprint.

Beginning to sound like the Suntel - AT&T - Cingular - AT&T cycle.

posted on 22 May 2013, 09:29

3. tokuzumi (Posts: 1204; Member since: 27 Aug 2009)

This is like one huge real-life soap opera. These companies are acting like whiny pre-teens who aren't getting their way.

posted on 21 May 2013, 19:48

2. mydi.maus (unregistered)

come on dish out bid this sprint!!

posted on 22 May 2013, 23:02

4. lsutigers (Posts: 821; Member since: 08 Mar 2009)

Dish just needs to go away and let Sprint and Softbank merge and buy out what's left of Clear. Dish is really desperate now, first an offer for Clear, then Sprint and now Lightsquared? They are all over Sprint and their investments / partners.

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