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What I got out of this was that HITN owned over 5 million shares, decided to sell 4 million, and clearwire was there to facilitate the sale. Anybody else see anything different?
I think Clearwire issued them shares in exchange for spectrum leases. The shares can't be sold until Novemeber 7, 2012. I could definitely be misunderstanding though. It appears no shares were actually sold.
they did not sell, nor can they until Nov. 7 2012