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May 21, 2013 05:28 pm GMT

Sprint Ups Its Offer For Outstanding Clearwire Shares To Around $2.5B

clearwire-sprintMore developments in the Sprint acquisition foodchain saga. As expected, Sprint is upping its offer for outstanding Clearwire shares to $3.40 per share, working out to an offer of about $2.5 billion. This comes after originally making an offer of $2.2 billion, based on $2.97 per share.

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