DISH Network Announces Tender Offer to Acquire Clearwire for $4.40/Share in Cash
DISH Network Corporation (NASDAQ: DISH) today sent a letter to Clearwire
Corporation (NASDAQ: CLWR) with an offer to acquire Clearwire for $4.40
per share in cash.
DISH is making this offer public in light of the limited time remaining
prior to the Clearwire stockholders' meeting to be held on Friday, May
31. DISH intends to commence a tender offer for the outstanding
Clearwire shares prior to that meeting.
“The Clearwire spectrum portfolio has always been a key component to
implementing our wireless plans of delivering a superior product and
service offering to customers,” said Charlie Ergen, chairman and
co-founder of DISH.
Following is the