UPDATE: Clearwire Special Committee Recommends In Favor of Revised $5/Share Sprint Offer
June 20, 2013 at 14:32 PM EDT
Clearwire Corporation (Nasdaq: CLWR ) today announced that its board of directors, based on the unanimous recommendation of the Special Committee consisting of independent, non-Sprint-affiliated directors, recommended that stockholders accept a revised offer from Sprint (NYSE: S ) to acquire the approximately 50 percent stake in the Company it does not currently own
