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Clearwire Corporation (CLWRD) Message Board

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  • nivegulu nivegulu Sep 29, 2012 5:22 AM Flag

    clearwire-timewarner=directtv / credit suisse handling sale how much more evidence needed!!!!!

    That is why comcast is next.
    Clearwire Slides As Time Warner Eyes Exit; Is Comcast Next?
    Clearwire shares are taking a beating Friday after the broadband wireless carrier late yesterday filed with the SEC for the sale of all 46,404,782 shares held by Time Warner Cable. The stake accounts for 7.8% of Clearwire’s Class A common shares outstanding, or about 3.2% of the combined Class A and B shares.

    The filing notes that Comcast on Thursday notified Clearwire that it intends to swap its Class B stock and units into the 88,504,132 of the free trading Class A shares; so far, Comcast has not requested a registered offering for the stake, but it is certainly possible that they might be right behind Time Warner in the exit aisle.

    Time Warner spent $550 million for its stake in 2008.

    CLWR is down 12 cents, or 8.1%, to $1.36.

    Sentiment: Strong Buy