Dish Network extended its tender offer of $4.40 per share for Clearwire stock until July 2 unless itnis extended further. It was previously scheduled to expire June 28 (CD May 31 p9). Colbent Corp., thendepository for the tender offer, advised that, as of June 11, "approximately 245,411 shares of commonnstock of Clearwire were validly tendered and not validly withdrawn from the tender offer," Dish said in annews release Wednesday (http://bit.ly/13HoIoE). Clearwire recommended that stockholders accept Dish'sncash tender offer (http://bit.ly/12qn9PD). Sprint said it's evaluating Clearwire's statement and it will reviewnany corresponding filings before determining its next steps. The wireless company "continues tonhave every intention of enforcing its governance rights," it said in a press release (http://bit.ly/11ccQgj).nSprint filed an investor presentation that provides additional details on the due diligence process bynSprint's special committee on Dish's preliminary proposal to buy Sprint, Sprint said in a press releasen(http://bit.ly/19vC0LA). It also outlined its amended merger agreement with SoftBank, "which providesninvestors with additional cash consideration of $4.5 billion at closing," it said. The presentation outlinesnwhat it said is the significant value provided to Sprint stockholders through the transaction.
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