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Finally, the saga is over. All but a formality once the FCC approved, Softbank has merged with Sprint, and will own about 78 percent of shares in the new Sprint Corporation, while current Sprint equity holders will own about 22 percent. Initially announced last fall, things were suddenly complicat

1 year ago 0 Comments
July 10, 2013 at 6:18PM
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Now that the shareholders -- as well as the FCC -- have officially given the go-ahead, Sprint has finally wrapped up the final odds and ends regarding its acquisition of Clearwire at a value of $5 per share in cash, and now holds 100 percent ownership of the company. The deal, which was expected t

1 year ago 0 Comments
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Well, the FCC has already offered its tacit approval of the merger between Sprint, Clearwire and Softbank. And Sprint shareholders are on board with its buyout by Softbank. Really, the last hurdle for this major wireless marriage, was Clearwire's shareholders. Now they've approved the plan to be p

1 year ago 0 Comments
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You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours -- all handpicked by the editors here at the site. Click on

1 year ago 0 Comments
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And with that, Dish is (seemingly) out of the running: following a decision to back away from buying Sprint, the satellite TV giant has also withdrawn its bid for Clearwire. The company is bowing out due to a \"change in recommendation\" at Clearwire -- in other words, shareholders now prefer Sprint

1 year ago 0 Comments
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Sprint warned Clearwire in early June that it viewed Dish's latest attempt to buy it as illegal, and now the carrier is following up with legal action. Big Yellow has just announced that its filed a lawsuit against Dish and its acquisition target in Delaware, as it believes the buyout would violat

1 year ago 0 Comments
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In case it wasn't already obvious that Sprint sees Dish's attempt to buy Clearwire as rather rude, the carrier made its irritation perfectly clear today. Sprint just sent a letter to Clearwire's board of directors that claims the latest Dish buyout proposal violates Delaware laws relating to board

1 year ago 0 Comments
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Verizon could be looking to bolster its wireless network with Clearwire spectrum, according to the Wall Street Journal. The potential deal, of which little is known at the moment, would see the nation's number one wireless operator forking over $1.5 billion to lease Clearwire's spectrum. It's an o

1 year ago 0 Comments
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Sprint CEO Dan Hesse isn't so narrowly focused as to think that the proposed Clearwire acqusition represents the end of the road for spectrum. Far from it: he tells Bloomberg Businessweek that the company is investigating future airwave deals involving companies and government auctions. The Clearw

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If you ran Dish, how would you get extra leverage when fighting Sprint for control of Clearwire? Try to put SoftBank's acquisition of Sprint on ice, that's how. The satellite TV provider has asked the FCC to pause its review process over \"unresolved contingencies\" with Sprint's proposed buyout of

1 year ago 0 Comments
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Sprint has just announced that it has entered into a \"definitive agreement\" to buy the 50 percent stake of Clearwire it doesn't already own. The transaction, worth $2.2 billion, is $100 million higher than the original offer House Hesse had made, once rumors of the deal had pushed Clearwire's share

2 years ago 0 Comments