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Sprint tells Clearwire that Dish's buyout offer is illegal

Discussion in 'News' started by Athlon646464, Jun 4, 2013.

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  1. Athlon646464

    Athlon646464 Gold Members DBSTalk Gold Club

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    Feb 23, 2007
    Uxbridge, MA
    Sprint tells Clearwire that Dish's buyout offer is illegal

    In case it wasn't already obvious that Sprint sees Dish's attempt to buy Clearwire as rather rude, the carrier made its irritation perfectly clear today. Sprint just sent a letter to Clearwire's board of directors that claims the latest Dish buyout proposal violates Delaware laws relating to board control. Moreover, some of the proposal's terms would reportedly need Sprint's permission -- which, as you'd imagine, isn't exactly forthcoming. We've reached out to Dish for a response, although we're not expecting the satellite giant to simply accept Sprint's interpretation at face value. If Sprint is right, however, the objection could at least force Dish back to the drawing board.

    Full Story Link & Continuing Discussion Here
     
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