Dish Raises Offer For Clearwire To Top Sprint Bid

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Mani
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Dish Network Corp (NASDAQ:DISH) has enhanced its bid for mobile-broadband operator Clearwire Corporation (NASDAQ:CLWR) to $4.40 per share, topping its rival Sprint Nextel Corporation (NYSE:S) bid by nearly 30 percent. Dish Network Corp Letter To Clearwire Dish Network Corp (NASDAQ:DISH) indicated in its Wednesday letter to Clearwire Corporation (NASDAQ:CLWR) Chairman John Stanton that Dish board had approved the revised offer. The mobile-broadband operator Clearwire Corporation (NASDAQ:CLWR) is scheduled to hold a special shareholder meeting on Friday to consider the Sprint Nextel Corporation (NYSE:S) offer. Last week, the number three operator in the U.S. Sprint Nextel (NYSE: S), upped the takeover…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports