The board of Clearwire Corp. recommends the proposed bid from Dish over Sprint Nextel even before the hostile bid was raised.
Sprint Nextel
Breaking News
Japan's SoftBank announced on Monday an increase in their initial offer to counter bid by Dish Network.
Sprint Nextel is convincing its shareholders to agree to one deal for itself while it participates in the acquisition of Clearwire against the same bedfellow.
SoftBank is in talks with Deutsche Telekom in possibly acquiring T-Mobile USA after Dish Network Corp. made counter offer for Sprint Nextel.
ISS advises its shareholder clients to accept the bid of Softbank over Dish Network for Sprint.
Clearwire shareholders to meet and approve Sprint Nextel offer of US$2.97 per share.
Softbank would turn to bond issue to fund Sprint Nextel purchase stake.
1 2
Subscribe to VCpost newsletter
Most Popular
- Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology
- Oil Prices Drop Below $80 After US Oil and Petroleum Reserve Reach Highest Level
- Affordable Connectivity Program: Congress Fights to Refuel Low-Cost Broadband Program Amid Looming Expiration
- US Accuses Russia of Quietly Shipping Refined Petroleum to North Korea at Levels Violating UN Cap
- Former Trump Aide Hope Hicks to Marry Goldman Sachs Exec Jim Donovan
- Biden’s Economic Advisor Jared Bernstein Awkwardly Explains How Money Works
- Tyson Foods Found Dumping Million Pounds of Toxic Pollutants into US Waterways
- Trump Justifies Earning Millions from Foreign Governments During Presidency
