DISH Announces Extension of the Tender Offer to Acquire Clearwire
ENGLEWOOD, Colo.--(BUSINESS WIRE)-- DISH Network Corporation (NASDAQ: DISH) today announced that DISH Acquisition Holding Corporation ("Purchaser") has extended the expiration of the previously announced tender offer to acquire all of the outstanding shares of Class A Common Stock of Clearwire Corporation for $4.40 per share, net to the seller in cash, without interest, less any applicable withholding taxes, until 12:00 midnight (New York City time) at the end of the day on Tuesday, July 2, 2013, unless further extended or earlier terminated. The tender offer was previously scheduled to expire at 12:00 midnight (New York City time) at the end of the day on Friday, June 28, 2013. Certain other modifications to the previously announced tender offer were also announced today on an amendment to the Schedule TO filed with the SEC and available at www.sec.gov.
Colbent Corporation, the depository for the tender offer, has advised that, as of the close of business on Tuesday, June 11, 2013, approximately 245,411 shares of common stock of Clearwire were validly tendered and not validly withdrawn from the tender offer.
DISH Network Corporation (NASDAQ: DISH), through its subsidiary DISH Network L.L.C., provides approximately 14.092 million satellite TV customers, as of March 31, 2013, with the highest quality programming and technology with the most choices at the best value, including HD Free for Life®. Subscribers enjoy the largest high definition line-up with more than 200 national HD channels, the most international channels, and award-winning HD and DVR technology. DISH Network Corporation's subsidiary, Blockbuster L.L.C., delivers family entertainment to millions of customers around the world. DISH Network Corporation is a Fortune 200 company. Visit www.dish.com.