UPDATE: Clearwire Receives Unsolicited Offer from DISH Network at $3.30/Share
January 08, 2013 at 17:17 PM EST
Clearwire (Nasdaq: CLWR ) today announced that it has received an unsolicited, non-binding proposal (the "DISH Proposal") from DISH Network Corporation (NASDAQ: DISH ). The DISH Proposal, as further summarized below, provides for DISH to purchase certain spectrum assets from Clearwire, enter into a commercial agreement with Clearwire, acquire up to all