Jump to content

Clearwire receives unsolicited offer from DISH


JohnHovah

Recommended Posts

Wow, the wording at the end of the letter is very strong...

 

Given the comprehensive reviews of the alternatives, the Special Committee and board of directors determined that the Sprint transaction is in the best interests of the Company's non-Sprint stockholders.

 

MAXIMIZE THE VALUE OF YOUR INVESTMENT IN CLEARWIRE. VOTE “FOR” THE SPRINT TRANSACTION ON THE WHITE PROXY CARD

 

The Clearwire board unanimously recommends that you vote your shares FOR all of the proposals relating to the proposed transaction with Sprint by returning the WHITE proxy card with a “FOR” vote for all proposals. The failure to vote or an abstention has the same effect as a vote against the proposed combination. Because some of the proposals required to close the proposed transaction requires the affirmative vote of 75% of all outstanding shares, the votes of all of Clearwire stockholders are important. If stockholders do not approve the proposals related to the proposed combination, there is no assurance that your shares of Clearwire common stock will be able to be sold for the same or greater value in the future.

 

We urge you to discard any gold proxy cards you may receive, as they were sent by a dissident stockholder. If you previously submitted a gold proxy card, we urge you to cast your vote as instructed on the WHITE proxy card as soon as you receive it. A vote on the WHITE proxy card will revoke any earlier dated proxy card that was submitted, including any white proxy card. If you have questions or need assistance voting your shares, please contact our proxy solicitor, MacKenzie Partners, Inc., toll-free at (800) 322-2885 or call collect at (212) 929-5500.

 

I'm guessing that the Gold Proxy card was sent out by the combo of Crest and Aurelius Capital?

  • Like 1
Link to comment
Share on other sites

I literally just received my White Proxy Card in the mail... I can't imagine how I'm going to vote. :tu: :rofl:

  • Like 3
Link to comment
Share on other sites

Will you be enjoying any capital gains?

 

with the crazy roller coaster that is CLWR?? probably not anything of substantial value. But any losses will be offset by others I might offload shortly. I think I will just hold until they are absorbed.

Link to comment
Share on other sites

Got one today in the mail :tu:

 

If we give Dish a red card, does that mean they're ejected from the game?

 

Robert via Samsung Note II via Tapatalk

 

 

  • Like 7
Link to comment
Share on other sites

If we give Dish a red card, does that mean they're ejected from the game?

 

And Ergen is suspended from participating in the next potential merger.

 

:P

 

AJ

  • Like 7
Link to comment
Share on other sites

 

And Ergen is suspended from participating in the next potential merger.

 

:P

 

AJ

 

Straight red card is typically a 3 merger ban, second yellow for a red card is the 1 merger ban...

 

Sent from my SPH-L900 using Forum Runner

  • Like 1
Link to comment
Share on other sites

Straight red card is typically a 3 merger ban, second yellow for a red card is the 1 merger ban...

 

Good call. Ergen did commit a professional foul by intentionally blocking a Sprint scoring opportunity.

 

AJ

Link to comment
Share on other sites

I'm thinking more of hockey (go Blackhawks!) Ergen committed a 10 minute game misconduct that should send him back to the showers.

 

What's hockey? :hee:

 

Robert via Nexus 7 with Tapatalk HD

Link to comment
Share on other sites

Here is my prediction; The clear/sprint vote will fail by a small percentage, clear shares will spike, then drop off the cliff back down towards the dollar range once no one steps up with another offer. In the mean time, sprint/softbank will be be buying as much of the now much cheaper stock left on the market until they can simply do whatever they want without a vote.

Link to comment
Share on other sites

Don't even think it will come to that. Even if the votes fails now, in October Sprint (Softbank maybe?) can do whatever they want since Time Warner, Intel, and others have agreed to sell their shares at $2.97. Masayoshi Son said more or less this in his press conference in Japan before he came over to the US to meet with Sprint shareholders.

  • Like 2
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • large.unreadcontent.png.6ef00db54e758d06

  • gallery_1_23_9202.png

  • Similar Content

  • Posts

    • Since this is kind of the general chat thread, I have to share this humorous story (at least it is to me): Since around February/March of this year, my S22U has been an absolute pain to charge. USB-C cables would immediately fall out and it progressively got worse and worse until it often took me a number of minutes to get the angle of the cable juuuussst right to get charging to occur at all (not exaggerating). The connection was so weak that even walking heavily could cause the cable to disconnect. I tried cleaning out the port with a stable, a paperclip, etc. Some dust/lint/dirt came out but the connection didn't improve one bit. Needless to say, this was a MONSTER headache and had me hating this phone. I just didn't have the finances right now for a replacement.  Which brings us to the night before last. I am angry as hell because I had spent five minutes trying to get this phone to charge and failed. I am looking in the port and I notice it doesn't look right. The walls look rough and, using a staple, the back and walls feel REALLY rough and very hard. I get some lint/dust out with the staple and it improves charging in the sense I can get it to charge but it doesn't remove any of the hard stuff. It's late and it's charging, so that's enough for now. I decide it's time to see if that hard stuff is part of the connector or not. More aggressive methods are needed! I work in a biochem lab and we have a lot of different sizes of disposable needles available. So, yesterday morning, while in the lab I grab a few different sizes of needles between 26AWG and 31 AWG. When I got home, I got to work and start probing the connector with the 26 AWG and 31 AWG needle. The stuff feels extremely hard, almost like it was part of the connector, but a bit does break off. Under examination of the bit, it's almost sandy with dust/lint embedded in it. It's not part of the connector but instead some sort of rock-hard crap! That's when I remember that I had done some rock hounding at the end of last year and in January. This involved lots of digging in very sandy/dusty soils; soils which bare more than a passing resemblance to the crap in the connector. We have our answer, this debris is basically compacted/cemented rock dust. Over time, moisture in the area combined with the compression from inserting the USB-C connector had turned it into cement. I start going nuts chiseling away at it with the 26 AWG needle. After about 5-10 minutes of constant chiseling and scraping with the 26AWG and 31AWG needles, I see the first signs of metal at the back of the connector. So it is metal around the outsides! Another 5 minutes of work and I have scraped away pretty much all of the crap in the connector. A few finishing passes with the 31AWG needle, a blast of compressed air, and it is time to see if this helped any. I plug my regular USB-C cable and holy crap it clicks into place; it hasn't done that since February! I pick up the phone and the cable has actually latched! The connector works pretty much like it did over a year ago, it's almost like having a brand new phone!
    • That's odd, they are usually almost lock step with TMO. I forgot to mention this also includes the September Security Update.
    • 417.55 MB September security update just downloaded here for S24+ unlocked   Edit:  after Sept security update install, checked and found a 13MB GP System update as well.  Still showing August 1st there however. 
    • T-Mobile is selling the rest of the 3.45GHz spectrum to Columbia Capital.  
    • Still nothing for my AT&T and Visible phones.
  • Recently Browsing

    • No registered users viewing this page.
×
×
  • Create New...