Business

May 22, 2013 4:37 PM

Clearwire Corp. board approves Sprint Nextel’s higher bid

The approval of a $3.40-a-share bid followed the board’s previous approval of a $2.97-a-share deal. A statement said the board determined Sprint’s offer is the “most favorable potential transaction” for the investors who own about 49 percent of Clearwire.

Related content

Comments