Big Clearwire Holder Resists Sprint

Sprint Nextel Corp. is up to its neck in a merger fight, and it’s all about airwaves.

Pay-TV provider Dish Network Corp. has offered $25.5 billion for the mobile-phone carrier, in a headline-grabbing attempt to break up Sprint’s agreement to be bought by SoftBank Corp.

But Sprint is waging another battle over a separate, lower-profile effort to buy the roughly 50 percent stake it doesn’t own in wireless-broadband operator Clearwire Corp.

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