News Breaks |
|
|
| October 11, 2012 |
| 11:05 EDT |  | S | Sprint confirms discussions with Softbank on a possible transaction
Sprint confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint. Although there can be no assurances that these discussions will result in any transaction or on what terms any transaction may occur, such a transaction could involve a change of control of Sprint. Sprint does not intend to comment further unless and until an agreement is reached. |
|
|
News For S From The Last 14 Days Check below for free stories on S the last two weeks. |
|
|
| May 24, 2013 |
| 09:28 EDT |  | S | DISH looking to develop broadband service, says Wells Fargo
After DISH (DISH) agreed to develop a fixed-mobile broadband service with nTelos (NTLS), Wells Fargo does not believe that DISH is looking to build a network. Rather, the firm thinks that DISH is looking to build a broadband service that is likely to operate on Sprint's (S) spectrum. The firm views the nTelos deal positively as it gives DISH a head start in developing a broadband offering in case it acquires Sprint. The firm keeps an Outperform rating on Sprint. |
|
| May 23, 2013 |
| 19:45 EDT | | S | Crest reiterates opposition to Sprint-Clearwire merger
 Subscribe for More Information |
|
| 19:37 EDT |  | S | DISH secures $9B in financing for Sprint deal, WSJ reports
DISH (DISH) has received commitment letters from five banks, including Barclays (BCS) and Jefferies, for financing for its $25.5B bid for Sprint (S), reports The Wall Street Journal, citing people familiar with the matter. Reference Link |
|
| 18:13 EDT | | S | Dish responds to Softbank claims in attempt to take control of Sprint
Subscribe for More Information |
|
| 15:29 EDT | | S | Sprint, Softbank say all necessary state regulatory approvals received
Subscribe for More Information |
|
| 08:09 EDT | | S | DISH issues statement on SoftBank and CFIUS
Subscribe for More Information |
|
| 07:10 EDT | | S | SoftBank would allow U.S. influence over Sprint operations, WSJ reports
Subscribe for More Information |
|
| 06:08 EDT | | S | On the Fly: Periodicals Wrap-Up
Subscribe for More Information |
|
| May 22, 2013 |
| 15:43 EDT | | S | Clearwire 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 EDT | | S | Google’s X Phone confirmed for Sprint, BGR says
Subscribe for More Information |
| |
| 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. |
|
| May 21, 2013 |
| 13:43 EDT |  | S | Clearwire reschedules special shareholder meeting
Subscribe for More Information |
|
| 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." |
|
| 09:32 EDT | | S | Clearwire to resume trading at 9:45 am ET
Subscribe for More Information |
|
| 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. |
|
| 09:22 EDT | | S | Clearwire receives increase offer from Sprint
Subscribe for More Information |
|
| 09:03 EDT | | S | Sprint increases offer for Clearwire to $3.40 per share from $2.97
Subscribe for More Information |
|
| 09:01 EDT | | S | Sprint increases offer for Clearwire to $3.40 per share
Subscribe for More Information |
|
| 08:57 EDT | | S | Sprint to raise bid for Clearwire above $2.97 prior offer, DJ says
Subscribe for More Information |
|
| 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 |
| |
|
|
|
|
