$DISH Starts a Bidding War With $S for $CLWR

Source

“(Reuters) – Dish Network Corp said it raised its offer for Clearwire Corp to $4.40 per share in cash, topping Sprint Nextel Corp’s bid.

Sprint raised its buyout offer for wireless service provider Clearwire to $3.40 per share on May 21 under pressure from activist shareholders.

(Reporting by Garima Goel in Bangalore; Editing by Phil Berlowitz)”