je.st
news
Tag: bid
Sprint Raises Clearwire Bid, Topping Dish Counteroffer
2013-05-21 18:39:01| Telecom - Topix.net
Sprint offered $3.40 a share, up 14 percent from a previous bid of $2.97 a share, the company said today in a statement.
Sprint ups bid on Clearwire to $3.40 per share to outbid Dish
2013-05-21 15:29:55| CNET News.com
The deal is a dime more expensive than the offer from Dish. [Read more]
Sprint increases bid for Clearwire
2013-05-21 15:25:00| Telecompaper Headlines
(Telecompaper) Sprint has increased its offer to buy the rest of Clearwire by 14 percent, saying this is its "best and final offer". It's now offering USD 3.40 per share for the around 50 percent of Clearwire it does not yet own, up from USD 2.97 per share in its initial offer announced last December. The sweetened bid tops a rival offer from Dish Network of USD 3.30 per share. While Clearwire's board had recommended the Sprint bid, a number of large investment companies that are minority shareholders in Clearwire have been lobbying for a higher offer. Clearwire's shares also have traded above the Dish offer price. Sprint said its new offer shows its "commitment to closing the Clearwire transaction and improving its competitive position". The company added that it's best placed to leverage Clearwire's 2.5 GHz spectrum assets and migrate the operator from Wimax to LTE. Comcast, Intel and Bright House Networks, which collectively own 26 percent of Clearwire, have already agreed to tender their shares to Sprint. Clearwire said its special committee will consider the new Sprint offer. It adjourned its shareholders meeting planned for 21 May and scheduled a new meeting for 30 May to discuss the offer.
Tags: bid
increases
sprint
clearwire
UPDATE 5-Plains shareholders approve Freeport bid after sweeteners
2013-05-21 13:54:16| Real Estate - Topix.net
Freeport-McMoRan Copper & Gold Inc took a big step on Monday in its plan to expand into energy, when Plains Exploration & Production Co shareholders approved the miner's $6 billion takeover deal, sweetened by two special dividends.
Tags: update
bid
approve
shareholders
Dish Net's big bid for spectrum
2013-05-21 08:50:13| Wireless - Topix.net
Charlie Ergen, chairman of satellite-TV provider Dish Network, made a $2 billion bid for radio frequencies from LightSquared, the bankrupt wireless-broadband company owned by Philip Falcone's hedge-fund firm, said people familiar with the offer.
Sites : [369] [370] [371] [372] [373] [374] [375] [376] [377] [378] [379] [380] [381] [382] [383] [384] [385] [386] [387] [388] next »