Clearwire’s board of directors endorsed Dish Network’s bid to acquire a stake in the company, thumbing its nose at current majority stake holder Sprint Nextel, which is also trying to acquire full control of the beleaguered mobile broadband provider.
A special committee set up...
Looking to head off any shareholder doubts, Softbank late yesterday increased its offer to acquire Sprint Nextel in a move that was expected by many and subsequently pushed back the vote on the proposal.
Softbank’s updated offer increases the total price of its planned acquisition...
Sprint Nextel’s future continues to maintain an air of uncertainty despite its best efforts to stay on course. The latest bump in the road comes from a Reuters report that suggests possible suitor Softbank has lined up an alternative path in case its planned...
Dish Network reacted quickly to claims by Sprint Nextel that its pending offer to acquire a stake in Clearwire violates certain laws and shareholder rights.
In a letter to Clearwire Chairman John Stanton, Dish Chairman Charlie Ergen lays out counter-claims to a letter sent...
Looking to regain the upper hand in negotiations, Sprint Nextel today sent a letter to Clearwire’s board of directors noting that Dish Network’s recent bid to acquire Clearwire was “not actionable,” citing “certain provisions violate Delaware law, Clearwire's certificate of incorporation or the rights...
Having attempted to steer clear of the Softbank/Sprint Nextel/Dish/Clearwire soap opera for at least a week, I find myself back in the stands at this ongoing circus trying to again
Clearwire’s future remains on hold for at least a couple more weeks as the financially beleaguered carrier late last night postponed its planned shareholder vote scheduled for today on a proposed acquisition by Sprint Nextel. The vote was delayed until June 13 following a...
Dish Network has again wedged itself in the middle of a pending acquisition attempt, announcing late yesterday an offer of $4.40 per share to acquire a minimum of a 25% stake in Clearwire, which is set to vote on a pending offer of $3.40...
The ongoing three-way merger dance between Softbank, Sprint Nextel and Clearwire continues to entertain as one part of the tango garnered an important government stamp of approval, while the other continued to urge for shareholder approval.
Sprint Nextel reported today that the Committee on Foreign...
The battle of Sprint Nextel’s future continues unabated between initial suitor Softbank and late-comer Dish Network, with both again pushing their offers as superior, while taking swipes at their rival.
Softbank this week again bolstered its online support for the deal, with a new website...
Clearwire’s management, which had previously thrown its support behind Sprint Nextel’s attempt to acquire the remaining stake in its operations for $2.97 per share, was unsurprisingly just as enthused with the increased offer of $3.40 per share.
“The special committee of the board of directors...
To the surprise of few, Sprint Nextel upped its offer to acquire the remaining stake in Clearwire just hours before Clearwire investors were to vote on the originally proposed $2.2 billion deal. The move pushed Clearwire to postpone that vote until May 31.
The new...
There is nothing like desperation to make someone sweat. And there is nothing like the smell of sweat to tell when someone is desperate. Some may call it sweet, but I prefer to refer
Is Clearwire getting nervous about the pending shareholder vote on its potential acquisition by Sprint Nextel?
Clearwire today sent out a “reminder” letter to shareholders to vote with the “white proxy card” that signifies a vote in favor of Sprint Nextel’s $2.2 billion acquisition. The...
Dish Network appears undaunted in its bid to out-bid Softbank for a stake in Sprint Nextel, announcing today plans to offer $2.5 billion in senior notes to help fund its $25.5 billion offer to acquire a 68% stake in Sprint Nextel.
“The net proceeds of...
Clearwire’s management continues to show its preference for an acquisition by Sprint Nextel, sending a letter this morning to investors urging them to approve the pending $2.2 billion deal and laying out reasons for its decision.
The letter, authored by current Clearwire Executive Chairman John...
I know there is more going on in the wireless space than this battle of billionaires over Sprint Nextel, but I can’t for the life of me get enough of it.
Softbank continued its push to convince Sprint Nextel shareholders that its proposed $20.1 billion acquisition of a 70% stake in the carrier is superior than a competing offer from Dish Network, with the latest salvo involving a sponsored report undercutting the proposed value of...
Now that T-Mobile USA has completed its merger with MetroPCS, birthing the newly named T-Mobile US, where does the operator go from here?
RCR Wireless News spoke with Weston Henderek, principal analyst of consumer services at Current Analysis, to get his take on the future...
Clearwire looks to have officially endorsed its pending acquisition by Sprint Nextel, with a “special committee” set up by the carrier sending a letter out this morning to investors recommending they vote in favor of the $2.2 billion deal. The vote is scheduled for...
Who knew billionaires were so petty, sensitive and funny? And, more importantly, how awesome is it that billionaires are so petty, sensitive and funny?
The Atlantic compiled and released the 19 most hated companies in America, gleaning information from the American Customer Satisfaction Index, which rates companies based on thousands of surveys. The latest index showed that the unfavorable amongst American firms include large banks, airlines, power concerns...
