Clearwire investor seeks to block sale to Sprint
(Reuters) – A large Clearwire Corp shareholder on Friday stepped up its campaign against the planned sale of the wireless service provider to its majority owner, Sprint Nextel Corp, saying it plans to ask the U. S. telecoms regulator to block the deal. Crest Financial’s general counsel also said on a call with reporters that it will ask the U. S. Federal Communications Commission to block Sprint’s plan to sell 70 percent of itself to Softbank Corp of Japan for $20 billion. . . .
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