Dish Increases Its Bid for Clearwire
Dish Network Corp. has increased its bid for mobile-broadband operator Clearwire Corp., topping the offer Sprint Nextel Corp. raised last week.
Late Wednesday, Dish offered to acquire Clearwire for $4.40 a share in cash, a 29 percent premium over Sprint’s offer of $3.40 a share. Clearwire shares jumped 19 percent to $4.15 after hours.
