Tags: spint | dish | clearwire | suit

Sprint Files Lawsuit against Dish and Clearwire

Monday, 17 Jun 2013 08:14 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Sprint Nextel Corp has filed a lawsuit against Dish Network Corp and Clearwire Corp to prevent the completion of Dish's offer for Clearwire's shares.

The lawsuit details how Dish has "repeatedly attempted to fool Clearwire's shareholders into believing its proposal was actionable in an effort to acquire Clearwire's spectrum and to obstruct Sprint's transaction with Clearwire," Sprint said in a statement on Monday.

The complaint has been filed in the Delaware Court of Chancery.

Dish said on Monday the waiting period for the tender offer to purchase Clearwire's class A common stock expired on June 14.

Clearwire's board urged shareholders last week to accept a tender offer from Dish over an earlier deal with majority owner Sprint Nextel to buy out the minority shareholders of the wireless service provider.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

McDonnell Denies Special Aid to Company for CEO's Gifts

Wednesday, 20 Aug 2014 22:31 PM

Former Virginia governor Governor Robert McDonnell told jurors he didn't provide special treatment to a company whose ch . . .

Drunk Teacher Wins Unemployment Benefits; Keeps License

Wednesday, 20 Aug 2014 23:10 PM

If Dennis Pagel had taken a box of school supplies while working as a teacher at Dallas-Center Grimes Middle School west . . .

Ferguson Counter-Protester Whisked to Safety

Wednesday, 20 Aug 2014 22:15 PM

A woman counter-protesting in favor of police officer Darren Wilson had to be whisked to safety Wednesday night after sh . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved