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Sprint Boosts Clearwire Offer Amid Heated Takeover Battle

2013-05-21 22:23:50| Wireless - Topix.net

Sprint is now raising its offer to buy a remaining 50% stake in Clearwire it doesn't own by 14%, succumbing to some Clearwire shareholder resistance to it's previous $2.97 a share offer.

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Severn Trent rejects takeover offer

2013-05-15 09:23:09| BBC News | Business | UK Edition

Water supplier Severn Trent rejects a preliminary takeover offer from international investors, saying it fails to recognise the company's value.

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Clearwire endorses Sprint takeover offer

2013-05-07 08:57:00| Telecompaper Headlines

(Telecompaper) Clearwire has sent a letter to its shareholders endorsing Sprint's takeover bid for the company. After an evaluation of the offer by a special committee of board members, Clearwire said the buy-out by its largest shareholder offers "the best strategic alternative for Clearwire's minority stockholders, representing fair, attractive and certain value". The company did not comment on the alternative takeover over from Dish Network. The offer of USD 2.97 billion or USD 2.97 per share offers an attractive value for its spectrum, a strong premium to the share price, high certainty compared to alternative business plans and immediate liquidity. Clearwire also sought an independent opinion, which found that the offer was fair in financial terms. Shareholders will be asked to vote on the takeover at a meeting on 21 May. Comcast, Intel, and Bright House Networks, which together own 13 percent in Clearwire, have already agreed to sell to Sprint.

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Australia's Graincorp Concedes to $3.4B Takeover Bid Offer of U.S.-based Archer Daniels Midland Co

2013-04-26 05:37:47| Agriculture - Topix.net

's largest listed grain trader and the last standing independent grains handler, has conceded to a $3.4 billion takeover bid offer of U.S.-based Archer Daniels Midland Co .

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