Clearwire Corporation Board Approves Sprint’s Sweetened Offer

Clearwire Corporation (NASDAQ:CLWR) board announced today that Sprint Nextel Corporation (NYSE:S)’s revised and enhanced bid is the right deal for the company. Clearwire Board approved the revised offer from Sprint: In today’s statement, Clearwire Corporation (NASDAQ:CLWR) announced that its Special Committee and Board of Directors have approved the revised offer from Sprint Nextel Corporation (NYSE:S) to acquire the roughly 50 percent stake that Sprint doesn’t already own. Yesterday, the number three operator in the U.S., Sprint Nextel Corporation (NYSE:S) upped the takeover ante in the wake of a competing bid by DISH Network Corp (NASDAQ:DISH). Sprint enhanced its offer price from $2.97 per share…