News Breaks |
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| February 13, 2013 |
| 06:38 EDT |  | CLWR | Clearwire downgraded to Underperform from Market Perform at Raymond James
Raymond James downgraded Clearwire citing limited upside to valuation. |
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News For CLWR From The Last 14 Days Check below for free stories on CLWR the last two weeks. |
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| May 17, 2013 |
| 07:46 EDT |  | CLWR | Clearwire investors to force Sprint to up bid, Reuters reports
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| May 13, 2013 |
| 09:50 EDT |  | CLWR | Clearwire sends letter urging stockholders to vote 'for' proposed Sprint transaction
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| May 10, 2013 |
| 17:16 EDT | | CLWR | Crest Financial takes first step to perfect appraisal rights of Clearwire shares
Crest Financial Limited, the largest of the independent, minority stockholders of Clearwire (CLWR), has told its brokerage firms to take all necessary steps to perfect Crest's rights under Section 262 of the Delaware General Corporation Law to seek appraisal for the common stock of Clearwire that it beneficially owns. The Delaware law permits Clearwire shareholders electing to exercise their appraisal rights to ask the Delaware Court of Chancery to determine the fair value of their Clearwire common stock if the Sprint (S)-Clearwire merger is consummated and certain other conditions are satisfied. The law states that a Clearwire stockholder that votes FOR the Sprint-Clearwire merger cannot elect to exercise its appraisal rights. Crest has long argued that the price Sprint Nextel is offering to pay Clearwire stockholders for their shares is highly inadequate, that the merger was structured in a way that unfairly disadvantages minority stockholders and that Clearwire would be better off if it remained a stand-alone company. Crest also commended Glass, Lewis & Co., a leading proxy advisory firm, for its recommendation urging that Clearwire stockholders vote against the proposed merger with Sprint. Crest said is strongly disagreed with the view of ISS that the Sprint-Clearwire merger should succeed. |
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| 12:17 EDT | | CLWR | ISS recommends Clearwire holders vote 'FOR' proposed transaction with Sprint
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| 09:23 EDT | | CLWR | Sprint says ISS recommends Clearwire shareholders vote in favor of merger
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| May 9, 2013 |
| 18:12 EDT | | CLWR | Softbank CEO says Sprint takeover to offer pricing advantage, WSJ reports
In an interview with The Wall Street Journal, Softbank (SFTBF) CEO Masayoshi Son said the proposed takeover of Sprint (S) will allow the combined company to bring a pricing advantage to the U.S. wireless market. The report also says Son has assured regulators networking equipment from Huawei Technologies would be removed from Clearwire's (CLWR) network as a condition for getting approval. Reference Link |
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| 15:09 EDT | | CLWR | Softbank CEO says Sprint wouldn't allow Clearwire bankruptcy filing, DJ reports
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| 14:06 EDT | | CLWR | Crest Financial issues statement urging Clearwire holders vote against merger
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| May 7, 2013 |
| 07:18 EDT | | CLWR | FCC okays LightSquared spectrum test, WSJ reports
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| May 6, 2013 |
| 18:27 EDT | | CLWR | Crest Financial urgers Clearwire holders to reject proposed merger with Sprint
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| 09:17 EDT | | CLWR | Sprint says committee still evaluating DISH proposal
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| 08:21 EDT | | CLWR | Clearwire says deal with Sprint provides best strategic alternative for holders
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| 05:54 EDT |  | CLWR | Stocks with implied volatility movement; CLWR AMD
Stocks with implied volatility movement; Clearwire (CLWR), AMD (AMD) according to iVolatility. |
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