Tuesday, 9 July 2013

Sprint's acquisition of Clearwire now complete



Sprint's acquisition of Clearwire now complete
Jul 9th 2013, 14:49, by Brad Molen

Sprint's acquisition of Clearwire now complete
Now that the shareholders -- as well as the FCC -- have officially given the go-ahead, Sprint has finally wrapped up the final odds and ends regarding its acquisition of Clearwire at a value of $5 per share in cash, and now holds 100 percent ownership of the company. The deal, which was expected to close today, will likely be quickly followed up by the carrier's merger with Softbank tomorrow. You'll be able to find the press release after the break, which dives a little deeper into investor-speak.
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