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Sprint Seen Prevailing Over Dish In Clearwire Battle
Posted: 10-Jan-2013 [Source: Investor's Business Daily]

[Sprint and Dish enter into a bidding war, with Clearwire as the target.]

Reinhardt Krause -- "Sprint Nextel (S) will likely prevail over Dish Networks (DISH) in a takeover battle for wireless broadband service provider Clearwire (CLWR), analysts say.

Satellite broadcaster Dish Network late Tuesday offered $3.30 per share for Clearwire, topping Sprint's bid of $2.97 per share. Clearwire shares rose nearly 7% in premarket trading Wednesday on expectations that Sprint will increase its offer."

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