DISH ups the ante in battle over Clearwire

05/30/2013 | Wall Street Journal, The ·

Clearwire directors said Wednesday that they were reviewing a new offer of $4.40 per share from DISH Network that tops Sprint Nextel's recently sweetened offer by 29%, a move that gives a choice to shareholders who have publicly criticized Sprint's bid as inadequate. Clearwire shareholders were scheduled to vote on the Sprint takeover offer Friday. In a statement, DISH Chairman Charlie Ergen said Clearwire's spectrum was a "key component" of DISH's plans to build a national wireless network.

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Wall Street Journal, The ·

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