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Clearwire Corporation (CLWRD) Message Board

  • maryjane963369 maryjane963369 Dec 13, 2012 9:34 AM Flag

    LAW FIRM SEEKS MORE MONEY FOR SHAREHOLDERS

     

    fyi....saw this announcement. Also, how can it be only $2.90 when the company has cash of $1.1 billion? so the price really isn't $2.90, its more like $1.20 which is below book value

    PRNewswire
    December 13, 2012

    New York, New York -- Tripp Levy PLLC, a leading national securities law firm, announces that it has been retained to represent Clearwire shareholders in connection with the acquisition of the remaining shares by Sprint that it does not already own for only $2.90 per share. Sprint owns over 50% of Clearwire's stock.

    The lawsuit seeks to challenge the fairness of this price and process through which Sprint has made an unfairly low offer for its own self interests. If you are a shareholder of Clearwire and would like additonal information as to how you can participate in this lawsuit to seek a greater amount for your shares at no cost please contact us toll free at 877-772-3975

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