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December 13, 2012 06:06 pm GMT
Earlier, it was rumored that Sprint was considering a buy-out of the remaining 48 percent of Clearwire shares it didn't own, after the pending Softbank investment in its company promised to deliver it enough cash to negate the adverse effect of taking on Clearwire's money-losing financials. Now, Bloomberg reports that Sprint is indeed looking to buy, in a deal worth about $2.1 billion according to the carrier.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WwlsT1ijnC4/
Sprint Looks To Buy Out Remainder Of Clearwire For Around $2.1B
Earlier, it was rumored that Sprint was considering a buy-out of the remaining 48 percent of Clearwire shares it didn't own, after the pending Softbank investment in its company promised to deliver it enough cash to negate the adverse effect of taking on Clearwire's money-losing financials. Now, Bloomberg reports that Sprint is indeed looking to buy, in a deal worth about $2.1 billion according to the carrier.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WwlsT1ijnC4/
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