Clearwire accepts slightly higher bid from Sprint
(Reuters) – Clearwire Corp agreed to sell roughly half of the company for $2. 2 billion to majority shareholder Sprint Nextel Corp, which would then have full ownership of spectrum that will help it offer high-speed wireless services. The $2. 97-per-share deal is only 7 cents per share higher than a bid many minority shareholders said was too low days before. Clearwire shares tumbled 12. 2 percent to $2. 96 in morning trading on Monday. Sprint already owns slightly more than half of Clearwire. . . .
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