Dish’s Clearwire Offer Lives On
Clearwire Corp. kept alive its consideration of a merger proposal from satellite television operator Dish Network Corp., as a vocal group of shareholders continues to oppose the wireless broadband operator’s deal to be bought by Sprint Nextel Corp.
In a regulatory filing Friday, Clearwire said it opted not to tap financing made available by Sprint for February — a step that could have caused Dish to withdraw its proposal to buy Clearwire for $3.30 a share. Clearwire has agreed to sell itself to Sprint for $2.97 a share.