Crest sends letter to Clearwire, urges repeal of recommendation of Sprint merger

theflyonthewall.com

On May 30, CFL sent a letter to the board of directors of Clearwire (CLWR). In the May 30 Letter to the Board, CFL urged the board of directors of Clearwire to reverse its recommendation in favor of the merger of the company with Sprint Nextel Corporation (S) following DISH Network’s (DISH) $4.40 per share tender offer announced on May 29.

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