Reuters – Sprint Sweetens Deal for Clearwire, Offering $2.2B

Sprint Nextel Corp. raised its offer for Clearwire Corp. by 7 cents per share to buy the rest of the wireless service provider for $2.2 billion, Reuters wrote Monday. Sprint, already the majority owner, will pay $2.97 per share for just under half of Clearwire. Sprint, whose previous offer price was criticized by some minority shareholders as too low, said the raised offer had the unanimous approval of Clearwire directors.

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