Sprint questions clearwire dish deal free
Jun 19, 2013 Last week, Sprint ended deal talks with Dish, instead supporting a sweetened 21. 6 billion bid from Softbank. But the company gave Dish until
Clearwire's board backs Dish offer, dealing blow to Sprint The company's board and a special committee say shareholders should take Dish's 4. 40pershare offer
Jun 04, 2013 The Deal: Sprint Says Rival Clearwire Bid Violates Law. Hesse said that Dish's proposal is not standard and is not legal. The provision would also violate Sprint's investment agreement with Clearwire. Among other terms, Dish would require Clearwire to grant it three board seats if it reaches a threshold of 25.
Jun 03, 2013 Sprint CEO Dan Hesse to Clearwire execs: Dish deal is not a viable alternative. To be clear, certain provisions of the DISH proposal require Sprints consent, and other provisions violate Delaware law, Clearwires certificate of incorporation, or the rights of the parties to the existing Equityholders Agreement (EHA).
Jan 09, 2013 Dealpolitik: Five Questions Raised by Dishs Bid for Clearwire. And the Sprint merger agreement has a force the vote provision. That means that even if the Clearwire directors decide they would prefer the Dish deal, Clearwire cannot the unilaterally terminate the Sprint deal and must take it to a shareholder vote.
Apr 01, 2013 Clearwire Taps Sprint's Financing Making A Dish Deal Look Remote. As part of the offer, Sprint then set aside a pool of 800 million that Clearwire could withdraw from in 10 equal monthly installments. Clearwire did not initially access the pool in January and February as it evaluated a higher 3. 30 per share counterbid from Dish Network,
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