Dish Raises Offer For Clearwire To Top Sprint Bid

Dish Network Corp (NASDAQ:DISH) has enhanced its bid for mobile-broadband operator Clearwire Corporation (NASDAQ:CLWR) to $4.40 per share, topping its rival Sprint Nextel Corporation (NYSE:S) bid by nearly 30 percent.

Dish Network Corp Letter To Clearwire

Dish Network Corp (NASDAQ:DISH) indicated in its Wednesday letter to Clearwire Corporation (NASDAQ:CLWR) Chairman John Stanton that Dish board had approved the revised offer.

The mobile-broadband operator Clearwire Corporation (NASDAQ:CLWR) is scheduled to hold a special shareholder meeting on Friday to consider the Sprint Nextel Corporation (NYSE:S) offer.

Last week, the number three operator...