Latest Business News: Dish Steps Down From Sprint Merger to Clear Way for Clearwire

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Latest Business News: Dish Steps Down From Sprint Merger to Clear Way for Clearwire

Latest Business News: Dish Steps Down From Sprint Merger to Clear Way for Clearwire
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Latest Business News: Dish Steps Down From Sprint Merger to Clear Way for Clearwire

Wochit 0:51 mins

After a months-long battle between Dish and SoftBank over Sprint, the satellite company abandons its $25.5 billion bid for the wireless carrier to focus on "completing the Clearwire tender offer." CEO Mark Zuckerberg met with Samsung's president to reportedly discuss a partnership that would boost the social network's advertising sales on mobile phones. The special committee of Dell's board managing the computer maker's effort to go private rejected the latest takeover proposal put forth Tuesday by activist investor Carl Icahn as lacking key details necessary for its approval. The current proposal lacks adequate financing and a remedy for the company and its shareholders if his proposal were to fail. The

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