Clearwire Shareholders to Press for Higher Buyout

Some Clearwire Corp. shareholders have formed a group with the aim of getting a higher buyout price for the mobile broadband provider than the one currently in place from Sprint Nextel Corp.

In December, Clearwire’s majority owner, Sprint, offered to buy the rest of Clearwire that it doesn’t own for $2.2 billion, or $2.97 a share. The next month, satellite TV company Dish Network Corp. bid $3.30 a share, and Clearwire shares have traded well above the Sprint offer since. Dish since has bid for the entirety of Sprint, putting its Clearwire bid in question.

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