Sprint offers $2 billion for rest of Clearwire
NEW YORK — Sprint Nextel has offered to buy out the minority shareholders of Clearwire for $2.1 billion in a deal that would give it total control of the struggling company and also more space on the airwaves for data services.
Sprint said in a regulatory filing Thursday that it’s offering $2.90 per share for the 49 percent of the wireless network operator that it doesn’t already own.
Clearwire’s board hasn’t approved the sale, but said it’s in discussions with Sprint. Clearwire shares jumped 15 percent to $3.16, suggesting that investors believe a better offer may be coming.