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Sprint Offers $2.1 Billion For Clearwire
Sprint Nextel Corp. (NYSE: S) will pay approximately $2.1 billion to acquired the remaining 49% stake in Clearwire Corp. (Nasdaq: CLWR) that it does not own. Shares of Clearwire climbed 40 cents to $3.15 while Sprint stock edged up a penny to $5.67.
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