Dish Bid for Clearwire Complicates Telecom Deal Dance

Dish Network Corp.’s last-minute bid for Clearwire Corp. complicates an already dizzying set of telecom deals and creates a variety of scenarios that are sending stocks in varying directions.

After the fourth bid in the battle for Clearwire, a mobile broadband provider that is majority owned by Sprint Nextel Corp., investors in the involved companies are weighing how all the offers could play out as the wireless industry consolidates.

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