Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
January 8, 2013 10:39 pm EST

Dish Network makes an offer to buy Clearwire, even though Sprint was already buying Clearwire

Surprise news this afternoon as Clearwire announced it's received an acquisition offer from Dish Network, even though Sprint was already on the hook to snap up the company for $2.2 billion. According to the press release, a special committee of the Clearwire Board of Director's has decided to negotiate with dish based on its proposal, although it has not changed its recommendation of the current Sprint transaction. Predictably, Sprint is not taking the news well, producing a series of bullet points about why Clearwire can't and shouldn't sell to Dish.

Continue reading Dish Network makes an offer to buy Clearwire, even though Sprint was already buying Clearwire

Filed under: , , ,

Comments


Original Link: http://www.engadget.com/2013/01/08/dish-network-clearwire-sprint-acquisition-offer/

Share this article:    Share on Facebook
View Full Article

Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

More About this Source Visit Engadget