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Wireless

Dish withdraws Clearwire tender offer

Wednesday 26 June 2013 | 22:47 CET | News
Dish Network has announced that it is withdrawing its tender offer to acquire Clearwire. While Clearwire's board had earlier endorsed a takeover bid from Dish Network, this was subsequently withdrawn after Sprint increased its offer for the wireless operator. Sprint already owns over half Clearwire's shares and has just agreed its own takeover by Japanese operator Softbank.

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Categories: Mobile & Wireless
Companies: Clearwire / Dish Network / Softbank / Sprint
Countries: United States
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