Sprint Nextel Corporation (S) Revises Clearwire Corporation (CLWR) Bid to Keep Suitors’ Interest Intact

Final thoughts

The tussle involving the four players, Sprint, SoftBank, DISH, and Clearwire seems to be endless. Sprint is doing all that is needed to convince Clearwire investors that its proposal is the best option for the money losing carrier. On the other hand, SoftBank and DISH are battling for control of Sprint with high interest in Clearwire’s spectrum.

I wonder what if Sprint fails to strike its deal with Clearwire. Will it lose the eye candy to keep SoftBank’s and DISH’s interest intact? Will SoftBank and DISH directly bid for Clearwire? Or to avoid such a mishap, will Sprint further raise its bid for the second time to win the confidence of Clearwire’s minority shareholders?

The article Sprint Revises Clearwire Bid to Keep Suitors’ Interest Intact originally appeared on Fool.com and is written by Rajesh Marwah.

Rajesh is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

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