DISH Network Corporation DISH confirmed today that it has formally
approached Clearwire Corporation 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.
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