Recent

% | $
Quotes you view appear here for quick access.

Clearwire Corporation (CLWRD) Message Board

  • foothillroad foothillroad May 31, 2013 11:44 AM Flag

    Dish bid is not in the best interest of CLWR

    S has to do by their written agreement with CLWR, is, if the present negotiations about a buyout fail, is wait until Nov/Dec of this year when the expiration of certain covenants between S/CLWR expire. Then S can assume control over CLWR outright. (I can't cite you chapter-and-verse right now, but this is available for review in SEC filings. And "teamrep" even mentioned it in a reply to me today on the CLWR board.

    So, bottom line. S/SB will come out victorious over recalcitrant minority hedge funds that own CLWR and Charlie Ergen. But it may take a little longer than Hesse/Son had in mind.

    SortNewest  |  Oldest  |  Most Replied Expand all replies