Clearwire continues review of Dish offer, recommends Sprint deal
Posted : Friday, 01 February 2013 06:40AM
NEW YORK (Reuters) - Clearwire Corp <CLWR.O> said on Friday that it was still evaluating an offer from Dish Network Corp <DISH.O> to buy the company for $3.30 per share even as it recommended that shareholders vote for a rival offer from Sprint Nextel Corp <S.N>.
Clearwire, which agreed in December to a $2.97-per-share buyout by Sprint, also said it would not draw on a $80 million offer of financing from Sprint Nextel in February because it is still evaluating the Dish offer.
(Reporting by Sinead Carew; Editing by Lisa Von Ahn)
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