Clearwire continues DISH review but stays with Sprint

02/1/2013 | Bloomberg

Clearwire will remain open to talking with DISH Network about its bid to take control of the wireless service provider but also said in a regulatory filing it would continue to recommend shareholders accept Sprint Nextel's offer of $2.97 share. DISH bid $3.30 a share for Clearwire, but Sprint has argued that the rival offer carries more conditions. Clearwire also said that it has still not drawn on any of the financing offered by Sprint.

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