Clearwire Urges Shareholders to Accept Sprint Offer

 Clearwire hasClearwire has sent a letter to the company's shareholders urging them to support Sprint's acquisition for $2.97 a share, insisting that Sprint is their best option at getting the necessary funds for continued operations and their planned LTE network build and scheduled June LTE launch. "On the unanimous recommendation of the Special Committee, the Clearwire board has unanimously concluded that the proposed transaction with Sprint is the best strategic alternative for stockholders, representing fair, attractive and certain value, especially in light of the Company's limited alternatives and the well-known constraints of its liquidity position," insists the letter. The letter omits Dish's offer of $3.30 a share. urging them to support Sprint's acquisition for $2.97 a share, insisting that Sprint is their best option at getting the necessary funds for continued operations and theirClearwire has sent a letter to the company's shareholders urging them to support Sprint's acquisition for $2.97 a share, insisting that Sprint is their best option at getting the necessary funds for continued operations and their planned LTE network build and scheduled June LTE launch. "On the unanimous recommendation of the Special Committee, the Clearwire board has unanimously concluded that the proposed transaction with Sprint is the best strategic alternative for stockholders, representing fair, attractive and certain value, especially in light of the Company's limited alternatives and the well-known constraints of its liquidity position," insists the letter. The letter omits Dish's offer of $3.30 a share. and scheduled June LTE launch. "On the unanimous recommendation of the Special Committee, the Clearwire board has unanimously concluded that the proposed transaction with Sprint is the best strategic alternative for stockholders, representing fair, attractive and certain value, especially in light of the Company's limited alternatives and the well-known constraints of its liquidity position," insists the letter. The letter omits Dish's offer of $3.30 a share.