News Breaks |
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| March 1, 2013 |
| 08:41 EDT |  | NTLS, S | NTELOS valuation range lowered to $16-$18 from $22-$24 at Wells Fargo
Wells Fargo reduced its valuation range on NTELOS (NTLS) based on the deceleration in the company's Q4 wholesale revenue growth. However, the firm thinks the company is poised to retain its business with Sprint (S), and it finds the company's valuation attractive. The firm maintains an Outperform rating on the stock. |
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News For NTLS;S From The Last 14 Days Check below for free stories on NTLS;S the last two weeks. |
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| May 22, 2013 |
| 09:09 EDT |  | S | Clearwire board recommends holders vote for increased offer from Sprint
Clearwire (CLWR) announced that its Special Committee of the board have each approved the revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. The Special Committee of the board determined that the revised offer, when compared with other potential transactions reasonably available to the company at this time, is the most favorable potential transaction to the company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals. |
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| May 21, 2013 |
| 13:43 EDT |  | S | Clearwire reschedules special shareholder meeting
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| 13:36 EDT | | S | Clearwire holder Crest Financial protest company's delay of vote on merger
Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (CLWR), protested the decision of the Clearwire Board of Directors to adjourn the Clearwire special meeting to consider Sprint's (S) increased offer price of $3.40 per share. Crest said that it has sent a letter to the Clearwire Board of Directors urging them to resist Sprint's new offer so that Clearwire can pursue direct offers through a competitive process once the bidding war over Sprint is concluded. Crest's letter to the Clearwire Board said, "Sprint's new offer for Clearwire still significantly undervalues Clearwire and its assets and provides no protections to minority stockholders." |
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| 09:32 EDT | | S | Clearwire to resume trading at 9:45 am ET
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| 09:23 EDT | | S | Clearwire receives increase offer from Sprint
Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint. |
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| 09:22 EDT | | S | Clearwire receives increase offer from Sprint
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| 09:03 EDT | | S | Sprint increases offer for Clearwire to $3.40 per share from $2.97
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| 09:01 EDT | | S | Sprint increases offer for Clearwire to $3.40 per share
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| 08:57 EDT | | S | Sprint to raise bid for Clearwire above $2.97 prior offer, DJ says
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| 06:03 EDT |  | S | Clearwire to postpone today's vote on Sprint deal, NY Post reports
Clearwire (CLWR) will postpone today's shareholder vote on Sprint's (S) $2.97 per share takeover offer, New York Post reports. Reference Link |
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| 05:40 EDT | | S | Softbank confirms waiver, expects Sprint deal to close in six weeks
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| 05:31 EDT | | S | DISH, Sprint to engage in talks
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| 05:23 EDT | | S | Sprint provides transaction update
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| May 20, 2013 |
| 13:29 EDT |  | S | Options with increasing implied volatility: UNXL NCT LYV CPRT S
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| 10:55 EDT | | S | Crest asks Clearwire holders to wait until control of Sprint resolved for action
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| 10:20 EDT | | S | Sprint acquires Handmark and subsidiary OneLouder Apps
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| May 17, 2013 |
| 11:01 EDT | | S | U.S. Cellular declares $5.75 per share special dividend
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| 07:46 EDT | | S | Clearwire investors to force Sprint to up bid, Reuters reports
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| May 16, 2013 |
| 19:11 EDT | | S | Dish sends letter to FCC over SoftBank, Sprint deal, Reuters says
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| May 15, 2013 |
| 17:36 EDT | | S | Paulson gives quarterly update on stakes
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