Sprint agrees on higher price for Clearwire

Last week, Sprint offered $2.1 billion to buy the rest of Clearwire that it does not own. The carrier is the current majority owner of the company. After shareholders fought for a higher price, Sprint decided to up its bid from $2.90 per share to $2.97 per share, equaling $2.2 billion. Additionally, the deal gives Clearwire an "enterprise value of approximately $10 billion, including ... [ read the full article ]