The FCC approved Sprint's acquisition of Clearwire and SoftBank's investment on Sprint.
Clearwire
US regulators finally approved the acquisition bid from SoftBank Corp to take control over Sprint Nextel.
Crest Financial said it was supporting Sprint's purchase of Clearwire's stake after Spint increased its bid from US$2.97 to US$5.0 per share.
Federal Communications Commission members approves Sprint-Clearwire-Softbank deal.
Dish Network Corp has retreated the takeover battle for Clearwire Corp that ended the bidding war between Dish and Sprint Nextel.
Dish Network abandons its bid for Sprint Nextel before the Tuesday deadline stating that adding a new offer is impractical.
Charlie Ergen of Dish Network won a round against SoftBank Corp. as Clearwire Corp. endorsed the bid offer from Dish.
The board of Clearwire Corp. recommends the proposed bid from Dish over Sprint Nextel even before the hostile bid was raised.
Sprint overthrows US$3.40 bid per share of Dish to a US$4.40 bid per share for Clearwire.
Clearwire shareholders to meet and approve Sprint Nextel offer of US$2.97 per share.
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