While the move would increase Sprint’s stake in the company, Clearwire isn’t trying to stop Dish from pursuing a deal, the Journal said, citing a person familiar with the matter. Mike DiGioia, a spokesman for Bellevue, Washington-based Clearwire, declined to comment to Bloomberg News, as did Bill White, a spokesman for Sprint.
So who is their source, this is pure BS on all parties involved, I knew it was time to bale. I want to know who is the familiar person and why was this released after the bell.
it still all depends on two things one Soft Banks get approved to merge with sprint it it don't sprint can't buy coffee. two Sprint still needs the majority of the minor shareholders outstanding shares to vote for Sprint $2.97 bid to Dish bid of $3.30 also Dish said they are prepared for a bidding war over for Clear Wire and that is something sprint is not prepared for at this time since they are still looking for Gov. & FCC to approve the Soft Bank Deal with out that Sprint stated their take over of Clear Wire would not happen.
If Dish remains silent and does not throw a public fit over Clearwire using the Sprint money then this means there is a deal between the three. I would expect ~$1.50/share from Dish on top of the $2.97 offer from Sprint for a combined offer of ~$4.47. For $1.50 Dish will be able to pick up some spectrum from Clearwire and form a partnership with Sprint.