Clearwire Issues Transaction Update: to Take $80M Draw in March on Sprint Deals
Clearwire (NASDAQ: CLWR)
today announced that it has elected to take the $80 million March draw under
the terms of its agreements with Sprint Nextel Corporation ("Sprint") that
provide additional financing to Clearwire in the form of exchangeable notes,
which will be exchangeable under certain conditions for Clearwire common stock
at $1.50 per s
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Clearwire Issues Transaction Update: to Take $80M Draw in March on Sprint Deals,
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