Sunday, November 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Intel-Micron 3D NAND To Have 32 Layers, 256Gb Per Die
Intel To Release Chromecast-like Thumb-sized PCs
Google Contributor Lets You Pay And And See No Ads In Your Favorite Sites
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 Home > News > General Computing > DISH Bi...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, January 09, 2013
DISH Bids For Clearwire


US satellite broadcast carrier DISH Network announced Tuesday that it had made a bid for Clearwire, topping Sprint Nextel's offer for the wireless broadband firm's shares by 11 percent.

DISH said it had approached Clearwire with respect to a potential strategic transaction, including an offer to purchase all of the Clearwire common shares at $3.30.

"We look forward to working with Clearwire's Special Committee as it evaluates our proposal," said Tom Cullen, DISH executive vice president of Corporate Development.

Sprint Nextel on Dcember had previously proposed the purchase of Clearwire's shares for $2.97. Clearwire announced on December 17 that it had accepted Sprint's offer. Now the company says that the "Special Committee of the Clearwire Board of Directors" has determined that its fiduciary duties require it to engage with DISH to discuss, negotiate and/or provide information in connection with the DISH Proposal. Clearwire added that The Special Committee had not made any determination to change its recommendation of the current Sprint transaction.

Clearwire has provided Sprint with notice, and the material terms, of the DISH Proposal, and received a response from Sprint.

Sprint says, among other things, that Sprint has reviewed the DISH Proposal and believes that it is "illusory, inferior to the Sprint transaction and not viable because it cannot be implemented in light of Clearwire's current legal and contractual obligations." Sprint has stated that the Sprint Agreement would prohibit Clearwire from entering into agreements for much of the DISH Proposal.


Previous
Next
Google Drops Patent Claims Against Microsoft        All News        EA SPORTS X Monster Collaboration
Firefox 18 Features IonMonkey Javascript Compiler     General Computing News      Windows 8 Sales Hit 60 Million

Get RSS feed Easy Print E-Mail this Message

Related News
AT&T, Sprint Start Offering the Nexus 6
Sprint To Cut More Jobs
Sprint Now Offer $20, 1GB Family Data Plan
Sharp AQUOS Crystal Now Available From Sprint
Verizon Sprint And T-Mobile Announce new iPhone Plans
Sprint Cuts Rates
Sprint Abandons T-Mobile bid, T-Mobile Rejects Iliad's Offer
Sprint Closer to T-Mobile Acquisition
DISH To Start Accepting Bitcoin
Sprint Said to Plan T-Mobile Bid
Spotify In Partnership With Sprint
Sprint Expands No-Contract Plan Offers with Sprint Prepaid

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .