UPDATED 9:43 AM EST, December 13, 2012
NEW YORK (AP) — Sprint Nextel is offering to buy the 49 percent of Clearwire that it doesn't already own for $2.1 billion.
Sprint Nextel Corp. said Thursday in a regulatory filing that its board reviewed a deal the day before that spells out specifics of the proposed transaction. The deal works out to $2.90 per share. Clearwire Corp. stock is up 27 cents, or 10 percent, to $3.02 in premarket trading.
