10 Updates

Crest Financial Files Complaint against Sprint and Clearwire

Source: Freshnews.com, Dec 12 2012, 5:01pm CST

WILMINGTON, Del., Dec. 12, 2012 /PRNewswire-USNewswire/ -- Crest Financial Limited, a Texas-based investment company and a substantial minority shareholder in Clearwire Corporation, today filed a complaint in the Court of Chancery here against Spr ...

Continue reading on: Freshnews.com

 
 
Update
10

4 hours ago

SoftBank gives Washington veto over Sprint board job

Source: The Register  |   May 23 2013, 11:18pm CDT

Japanese company SoftBank, currently wrapping a deal to buy 70 per cent of US mobile carrier Sprint, has taken the unusual step of giving the US government veto power over one member to be elected to the board o ...

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Update
9

9 hours ago

Crest Supplements its Proxy Statement Opposing Revised Terms for Sprint-Clearwire Merger

Source: PR Newswire  |   May 23 2013, 6:53pm CDT

HOUSTON, May 23, 2013 /PRNewswire/ -- Crest Financial Limited, the largest independent minority shareholder of Clearwire Corporation (NASDAQ: CLWR) with approximately 8.25% of the Class A common stock of Clearwire, today filed a su ...

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Latest Business News

 
Update
8

11 hours ago

DISH secures $9B in financing to purchase Sprint as SoftBank deal clears state regulatory reviews

Source: The Next Web  |   May 23 2013, 4:42pm CDT

DISH Network has secured $9 billion in “committed financing” as part of its $25.5 billion bid for Sprint. The company hopes it will help persuade the telecommunication company to rethink selling 70 percent of itself to Jap ...

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Update
7

11 hours ago

Softbank Gets State Approval for Sprint Acquisition

Source: CIO.com  |   May 23 2013, 4:00pm CDT

IDG News Service (Washington, D.C., Bureau) — SoftBank has received all the necessary state approvals for the Japanese mobile carrier to acquire a majority stake in Sprint Nextel for US$20 billion, the companies announced. On Thursday, California Pub ...

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Update
6

12 hours ago

SoftBank gets state approval for Sprint acquisition

Source: PC World  |   May 23 2013, 3:45pm CDT

SoftBank has received all the necessary state approvals for the Japanese mobile carrier to acquire a majority stake in Sprint Nextel for US$20 billion, the companies announced. On Thursday, California Public Utilities Commission voted to appr ...

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Update
5

12 hours ago

The World Series of Telecom Poker: DISH vs. SoftBank

Source: Daily Finance  |   May 23 2013, 3:00pm CDT

Are we watching two companies engaging in the usual mergers and acquisition maneuvering between rivals? Or are the daily moves and countermoves of SoftBank and DISH Network , as they eye a pot containing Sprint Nextel and Clearwire , more reminiscent o ...

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Update
4

13 hours ago

Sprint, SoftBank complete U.S. state regulatory review process

Source: Hartford Courant  |   May 23 2013, 2:54pm CDT

Softbank Corp's logo is pictured at its branch in Tokyo (Yuya Shino Reuters, / April 17, 2013) NEW YORK (Reuters) - Sprint Nextel and SoftBank Corp said on Thursday they had received all necessary state regulatory approvals for the Japanes ...

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Update
3

13 hours ago

Sprint and SoftBank Announce Completion of State Regulatory Review of Proposed Transaction

Source: Street Insider  |   May 23 2013, 2:36pm CDT

This document contains forward-looking statements relating to the proposed transactions between Sprint Nextel Corporation (âSprintâ) and SoftBank Corp. (âSoftBankâ) and its group companies, including Starburst II, Inc. (âStarburs ...

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Update
2

13 hours ago

Sprint (S), SoftBank Receive Final State Regulatory Approval in Proposed Deal

Source: Street Insider  |   May 23 2013, 2:29pm CDT

Sprint (NYSE: S) and SoftBank announced that the companies have received all necessary state regulatory approvals for their proposed transaction. This morning, the California Public Utilities Commission voted to approve the transaction ...

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Update
1

14 hours ago

California Commission Approves SoftBank’s Bid to Buy Sprint

Source: Dealbook  |   May 23 2013, 1:40pm CDT

Brendan McDermid/ReutersThe support of the California commission may aid SoftBank in its effort to secure its deal in the face of a rival $25.5 billion offer by Dish Network. A California state commission voted on Thursday ...

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