My friend is telling me about it but doesn't know the specifics.Who can help?
Apple buys Clearwire for $40B. Sprint receives $20B for their Clearwire shares. Sprint board nixes Softbank deal.
Apple will never buy CLWR. However, if they did and Sprint got $20B in cash as you suggested Sprint would be the only telco without any debt. Sprint would be instantly profitable and worth a lot more even without SB.
LOL what have you been smokeing? if apple wanted retail wireless they would have already done it but they are phone makers and careless who sells their products that is why they have so many Billions.
they need not buy anyone
Sentiment: Strong Buy
Softbank buyout is at $7.30 per share for up to 55% of anyones holdings they presently own.
i thought it was for all of my holdings, why only 55% of my holdings?
Without CLWR, SB walks. S worth $2.50 a share at most
Sentiment: Strong Sell