Clearwire announced on Friday that it will not be taking a financing offer from Sprint (worth up to $800 million) because it is still seriously considering Dish's surprise bid from earlier this month, which was far more money than Sprint put on the table. If Clearwire were to take Sprint's financing offer, Dish has said that it would retract its bid for the company, which at $5.15 billion is far more than the $2.2 billion that Sprint and its parent company Softbank have offered to buy out the remaining shares of Clearwire.
For all intents and purposes, it would make sense for Clearwire to just accept Sprint's offer and move on; as it is, Sprint already owns a significant chunk of the company and has been a partner with Clearwire for a...
via The Verge - All Posts http://www.theverge.com/2013/2/1/3940718/dish-interest-clearwire-sprint-deal
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