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Friday, May 3, 2013

Clearwire shareholders club together to push for better deal, (NASDAQ: DISH), (NYSE: S)

Four minority shareholders with 127.4 million of Clearwire Corp's public shares said they agreed to work together to seek a better deal for the wireless service provider, which agreed to be sold to minority shareholder Sprint Nextel Corp. Mount Kellett, Highside Capital Management, Glenview Capital Management and Chesapeake Partners Management Co agreed on May 1 to band together to talk with Sprint, Dish Network Corp and other interested parties, according to a filing made with the U.S. Securities and Exchange Commission on Friday.

DISH Network Corporation is a pay-television (TV) provider, with approximately 13. Shares of DISH traded higher by 2.65% or $1.04/share to $40.32. In the past year, the shares have traded as low as $26.12 and as high as $40.34. On average, 3176820 shares of DISH exchange hands on a given day and today's volume is recorded at 721078.

Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 0.56% or $0.04/share to $7.14. In the past year, the shares have traded as low as $2.32 and as high as $7.35. On average, 65383300 shares of S exchange hands on a given day and today's volume is recorded at 10943083.



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