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Stock Market & Financial Investment News

News Breaks
October 15, 2012
07:31 EDTS, DISHSprint and DISH close to agreement on wireless spectrum purchase, NY Post says
Sprint (S) and DISH Network (DISH) are close to an agreement where Sprint will purchase a large portion of, government owned, wireless spectrum, reports the NY Post, citing a source close to the situation. Reference Link
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May 22, 2013
15:43 EDTSClearwire holder group sees Sprint offer as still too low
Clearwire (CLWR) shareholders Mount Kellett, Highside Capital, Glenview Capital and Chesapeake Partners, who collectively reported an 18.2% stake in Clearwire, stated in a regulatory filing that they continue to believe that the proposed price offered by Sprint (S) for Clearwire is too low.
14:06 EDTSGoogle’s X Phone confirmed for Sprint, BGR says
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09:09 EDTSClearwire 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.
07:29 EDTDISHXbox won't hurt pay TV companies in near-term, AllThingsD says
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May 21, 2013
13:43 EDTSClearwire reschedules special shareholder meeting
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13:36 EDTSClearwire 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."
09:32 EDTSClearwire to resume trading at 9:45 am ET
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09:23 EDTSClearwire 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.
09:22 EDTSClearwire receives increase offer from Sprint
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09:03 EDTSSprint increases offer for Clearwire to $3.40 per share from $2.97
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09:01 EDTSSprint increases offer for Clearwire to $3.40 per share
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08:57 EDTSSprint to raise bid for Clearwire above $2.97 prior offer, DJ says
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06:03 EDTSClearwire 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
05:40 EDTS, DISHSoftbank confirms waiver, expects Sprint deal to close in six weeks
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05:31 EDTS, DISHDISH, Sprint to engage in talks
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05:23 EDTS, DISHSprint provides transaction update
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May 20, 2013
16:01 EDTDISHDISH offered $2B to purchase spectrum from LightSquared, Bloomberg says
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15:42 EDTDISHDISH offers $2B to LightSquared for spectrum, Bloomberg says
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13:29 EDTSOptions with increasing implied volatility: UNXL NCT LYV CPRT S
10:55 EDTSCrest asks Clearwire holders to wait until control of Sprint resolved for action
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