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Stock Market & Financial Investment News

News Breaks
December 13, 2012
07:50 EDTS, CLWRClearwire very unlikely to accept $2.90 price, says Wells Fargo
Wells Fargo wrote in a note to investors that Clearwire (CLWR) shareholders are very unlikely to accept the $2.90 per share takeover price offered this morning by Sprint (S). Wells, however, added that it is encouraged to have a negotiating starting point. At $2.90 per share, Wells says Clearwire is valued at 17c per megahertz pop. The firm says other deals have gotten done at a 50%-plus premium to this implied value.
News For CLWR;S From The Last 14 Days
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July 31, 2015
06:50 EDTSComcast, Verizon differ over terms of wireless network deal, WSJ says
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July 30, 2015
06:30 EDTSSoftBank's Arora: Still committed to turning Sprint around, WSJ reports
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July 29, 2015
11:06 EDTSSprint introduces Family Share Pack plan
With more data than T-Mobile (TMUS), and with significant savings over Verizon (VZ) and AT&T (T), Sprint (S) introduces the new Sprint Family Share Pack. Families switching to Sprint get four lines, unlimited talk, text and 10GB of high-speed data while on the Sprint network for $100/month starting July 31. Sprint says its new plan will save families $480/year over Verizon and $720/year over AT&T for virtually the same 10GB of data. Sprint says that 10GB is more than double the high-speed data in T-Mobile’s family plan.
July 23, 2015
07:22 EDTSSprint price target lowered to $3 from $4 at Jefferies
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