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Clearwire Corporation (CLWRD) Message Board

  • starcraft_1998 starcraft_1998 Oct 23, 2012 6:51 AM Flag

    subsidiary question

    Definition of subsidiary in message below.

    My understanding is that S has more than 50% of shares carrying voting rights and has control of the board of CLWR (7 seats out of 13 is this correct?), thus we can assume CLWR is a subsidiary of Sprint.

    Since S will also become a subsidiary of Softbank, does this means that both Sprint and Softbank can be liable for CLWR debt?

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