Dish Network has made a bid to purchase some of Clearwire Corp's spectrum and would offer $3.30 a share to acquire of Clearwire's stock, Clearwire said on Tuesday.Clearwire said the proposal, which trumps a bid by majority shareholder Sprint Nextel Corp, was unsolicited and non-binding and that it was only a preliminary indication of interest and subject to a number of uncertainties and conditions.One condition would be approval by Sprint. The wireless carrier owns around 50 percent of Clearwire and has made a bid to buy the stake it does not currently own for $2.97 share or $2.2 billion.Clearwire's board of directors has not made any change to its recommendation of the current Sprint transaction, Clearwire said.
DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH fell by 1.02% or $-0.37/share to $35.97. In the past year, the shares have traded as low as $26.12 and as high as $37.92. On average, 3301860 shares of DISH exchange hands on a given day and today's volume is recorded at 3038518.
Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 0.17% or $0.01/share to $5.97. In the past year, the shares have traded as low as $2.10 and as high as $6.04. On average, 55646300 shares of S exchange hands on a given day and today's volume is recorded at 65131720.
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