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Clearwire appears to want the best of both worlds. The company says it’s still talking to Dish Networks about a possible buyout, but it can’t resist Sprint Nextel’s cold hard cash. This week the company borrowed another $80 million from Sprint, taking it one step closer to accepting Sprint’s offer to buy the part of Clearwire it does not already own.
Clearwire says that within the coming weeks it will file a proxy declaring its intention to become part of either Sprint Nextel or Dish Networks. Its stock is currently trading above Sprint’s offer price, but below the $3.30 per share offered by Dish. More below:
