Update: Dish clarified on a conference call that its bid for Clearwire is still on the table for the company to consider even if it was turned down, and that the Sprint offer is not contingent on the carrier closing out its Clearwire purchase. Should the deal go through, the plan is target underserved and rural customers, rather than competing with inner-city fiber-based services. Softbank may find itself beaten by the higher offer, but if Dish succeeds, the Japanese company would still hold around 5% of Sprint's shares.
If DISH buys S the same hurdle is in place that always has been - the minority shareholder vote. Wouldn't that be a #$%$ is DISH went through all of the trouble to buy S to get the CLWR spectrum only to be shot down by the CLWR minority shareholders? I don't think they would risk that and therefore would have to up the bid to at least the current DISH bid of $3.30.