Sprint: It’d cost us $2.1B to buy Clearwire
Talks between Sprint Nextel and Clearwire are heating up.
Sprint confirmed via a filing with the Securities and Exchange Commission made public today that it is in talks with Clearwire to buy out the remaining stake in the upstart wireless provider that it doesn’t already own.
The company said it believes that it would cost $2.1 billion to buy out the remaining 49 percent stake in Clearwire, valuing the company at $2.90 a share, or a 5.5 percent premium to its closing price on Wednesday.
Clearwire also submitted a filing confirming the talks, but declined to provide any more details,…
More here: Sprint: It’d cost us $2.1B to buy Clearwire
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