Sprint Offering $2.1 Billion For Remaining Ownership In Clearwire
Sprint has made an offer to buy the remaining 49% in Clearwire. Sprint is looking to buy the remaining shares at $2.90 each according to Bloomberg. This values the total deal at $2.1 billion. Sprint has an interest in owning Clearwire because of all of the spectrum assets that would be gained from an acquisition. Sprint bought a majority stake in Clearwire a couple months ago around the same time that SoftBank bought 70% of Sprint.