Sprint Seen Prevailing Over Dish In Clearwire Battle
Sprint Nextel (S) will likely prevail over Dish Networks (DISH) in a takeover battle for wireless broadband service provider Clearwire (CLWR), analysts say. Satellite broadcaster Dish Network late Tuesday offered $3.30 per share for Clearwire, topping Sprint's bid of $2.97 per share. Clearwire shares rose nearly 7% in premarket trading Wednesday on expectations that Sprint will increase its offer. While analysts doubt Dish Network will acquire
Tags:
Sprint Seen Prevailing Over Dish In Clearwire Battle,
Dish Network Latest News