Become a Fan

Showing posts with label softbank. Show all posts
Showing posts with label softbank. Show all posts

Monday, December 17, 2012

Clearwire investors unlikely to get higher Sprint bid

                      A woman walks past a Sprint store in New York's financial district, October 15, 2012. REUTERS/Brendan McDermid
(Reuters) - Sprint Nextel Corp's $2.2 billion offer for Clearwire Corp is likely to face resistance from Clearwire's minority shareholders, but accepting the offer may prove to be their best option.

Friday, December 14, 2012

Exclusive: Softbank caps Sprint's Clearwire bid; investors want more

                     A jogger runs past a Softbank shop in Tokyo October 16, 2012. Softbank Corp's pricey $20 billion (12 billion pounds) bid to buy control of No. 3 U.S. telecoms company Sprint Nextel Corp marks a bold move by billionaire CEO Masayoshi Son beyond his flagging home market. To match Analysis SPRINT-SOFTBANK/LANDSCAPE REUTERS/Kim Kyung-Hoon
(Reuters) - Sprint Nextel Corp's $2.1 billion offer to buy out Clearwire Corp appeared to be running into trouble on Thursday, as some shareholders said they wanted more money while Softbank Corp set a cap on how much Sprint could pay.