Dish’s Clearwire Offer Lives On

Published on February 1, 2013
by Spencer E. Ante and Anupreeta Das

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.

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