Dish Ups Clearwire Bid In A High Stakes Game Of Poker With Softbank

The battle for Clearwire Corporation (NASDAQ:CLWR) is heating up with DISH Network Corp (NASDAQ:DISH) making a much improved bid for the company, topping the offer Sprint (NYSE:S) had made last week. The satellite provider said late Wednesday that it has offered to acquire Clearwire at $4.40 per share – a premium of about 30% over Sprint’s $3.40 per share bid. With its recent moves, Dish has made it amply clear that it wants to be an aggressive player in the wireless industry. However, merely outbidding Sprint won’t help DISH Network Corp (NASDAQ:DISH) acquire Clearwire. Sprint, being Clearwire’s majority shareholder with more than 50%…