The Sprint, Dish, Clearwire, and SoftBank acquisition saga may be over. Dish has withdrawn its offer to purchase Clearwire, according to a press release pushed across the wire this afternoon. The satellite company last bid $4.40 per share, but Sprint's latest offer of $5 per share has apparently convinced Dish to give up on this opportunity. Sprint, meanwhile, is in the middle of being acquired by Japan's SoftBank, with the Kansas-based carrier's board approving that takeover just yesterday.
It's unclear if today's news marks an end of Dish's wireless ambitions, or if the company will merely look for another acquisition to move it into the mobile space. It's rumored that Dish has had discussions with T-Mobile in the past regarding a...
via The Verge - All Posts http://www.theverge.com/2013/6/26/4467778/dish-withdraws-bid-for-clearwire
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