Dish confirms end of Clearwire bid
June 27, 2013
By Chris Forrester
Dish Network has confirmed that it has abandoned its tender offer for Clearwire Corp.
Dish Acquisition, a subsidiary company, had offered to acquire all of the outstanding shares of Class A Common Stock of Clearwire Corporation, including any shares of Class A Common Stock issued in respect of outstanding shares of Class B Common Stock, for $4.40 per share.
Dish’s tender offer provided that it could be withdrawn, among other reasons, as a result of the recent change in recommendation by Clearwire.