Market Overview

DISH Offers Statement on Clearwire Bid

Share:
Related DISH
Why Timing For A T-Mobile-Deutsche Telekom Deal Within 3 Months Is 'Critical'
Barclays Speculates On Who Will Benefit More From The Dish, T-Mobile Merger
5G: Revolution Not Evolution (Seeking Alpha)
Related CLWR
Sprint's Clearwire Units Will Retire $175M in Notes
Benzinga's M&A Chatter for Tuesday August 6, 2013

DISH Network Corporation (NASDAQ: DISH) confirmed today that it has formally approached Clearwire Corporation (NASDAQ: CLWR) with respect to a potential strategic transaction on terms as generally outlined in the Clearwire release, including an offer to purchase all of the Clearwire common shares at $3.30.

“We look forward to working with Clearwire's Special Committee as it evaluates our proposal,” said Tom Cullen, DISH executive vice president of Corporate Development.

DISH does not intend to comment further at this time.

Posted-In: News M&A

 

Related Articles (CLWR + DISH)

Get Benzinga's Newsletters