Sprint Seen Prevailing Over Dish In Clearwire Battle
Sprint Nextel will likely prevail over Dish Network in a takeover battle for wireless broadband service provider Clearwire, analysts say. Satellite broadcaster Dish Network (DISH) late Tuesday offered $3.30 per share for Clearwire, topping Sprint's (S)bid of $2.97 per share. Clearwire (CLWR) shares rose 7.2% on Wednesday, but just to 3.13, as investors apparently are uncertain about Dish's intentions and unsure how much Sprint might boost its
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Sprint Seen Prevailing Over Dish In Clearwire Battle,
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