Clearwire investors ask Sprint to up its bid, report says
More Clearwire shareholders are adding their voice to the ever growing number of investors asking Sprint to raise its bid for the company, following Dish Network's higher -- albeit unsolicited -- offer.
Glenview Capital Management plans to reject Sprint's current bid of $2.97 per share, which was capped by Softbank, an investment company that's seeking to take a majority stake in the carrier. Another Clearwire investor, Taran Asset Management, will file a complaint with the U.S. Federal Communications Commission (FCC), arguing that the mobile broadband company is worth more than Sprint's offer, according to Bloomberg, … Read more