Clearwire Corp
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.240x180.jpg?v=1369922428 "Dish Focuses on Clearwire")
Dish Network Corp said it would not make a new offer to buy Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp.
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June 4- Dish Network said Tuesday its takeover bid for Clearwire Corp complies with the law and the wireless service provider's agreements with shareholders, dismissing Sprint Nextel Corp's claim to the contrary as "incorrect and misleading."
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The younger brother of convicted inside trader Raj Rajaratnam—who was himself indicted on insider trading charges in March—is in talks for a possible plea agreement.
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*Rengan Rajaratnam charged with fraud, conspiracy. June 3- Rengan Rajaratnam, the younger brother of imprisoned hedge fund manager Raj Rajaratnam, is negotiating with prosecutors on a possible resolution to his criminal insider trading case, including a possible plea, a court filing shows.
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June 3- Sprint Nextel Corp on Monday attacked Dish Network Corp's competing bid for Clearwire Corp, saying it violates previous agreements and contains some illegal provisions. Sprint's letter to Clearwire's board is the latest salvo in the company's battle with Dish Network.
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June 3- Sprint Nextel Corp said Dish Network Corp's proposal to acquire Clearwire Corp is "not actionable" because some of its provisions violate Delaware law.
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*Portfolio adjustments trigger late session selloff. NEW YORK, May 31- U.S. stocks fell in late afternoon on Friday, setting major indexes on course for a weekly decline, but the S&P 500 was headed for its seventh straight month of gains, the longest winning streak since 2009..
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*S&P 500 on track for seventh straight month of gains. Data signals soft U.S. economy but not abrupt slowdown. NEW YORK, May 31- U.S. stocks held steady by midday on Friday in a volatile session with constant profit-taking and "buying the dip" activities keeping the market mostly unchanged.
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*Netflix shares advance, limiting Nasdaq losses. NEW YORK, May 31- U.S. stocks were little changed on Friday as stronger-than-expected data on manufacturing gave investors a reason to buy despite massive equity gains so far this year.
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Dish Network doesn't want to own Sprint Nextel or Clearwire, telecom expert Jack Grubman says in his first TV appearance since settling conflict of interest allegations in 2003.
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*Avago gives strong outlook, could lift chipmakers. NEW YORK, May 31- U.S. stock index futures pointed to a lower open on Friday as investors took profit following a recent rally, though the market remained on track to close out a seventh straight month of gains.
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*Avago gives strong outlook, could lift chipmakers. NEW YORK, May 31- U.S. stock index futures were lower on Friday as investors took profits following a recent rally, though they remained on track to close out a seventh straight month of gains.
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*Dish/ Clearwire bid could affect bidding war for Sprint. NEW YORK, May 30- One of the biggest minority shareholders in Clearwire Corp, on Thursday urged the wireless company to recommend against Sprint Nextel Corp's buyout offer after Dish Network Corp made a counter bid.
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*Clearwire expected to postpone vote on Sprint bid- sources. *Dish/ Clearwire bid could affect bidding war for Sprint. Crest, which holds about 8 percent of Clearwire shares, said Clearwire should open itself to competitive bidding, and said even though Dish's bid appears superior it may still prove inadequate to shareholders.
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NEW YORK, May 30- Clearwire Corp is expected to postpone its shareholder vote on Sprint Nextel Corp's offer to buy the company after Dish Network Corp made a higher counterbid, two sources familiar with the situation said on Thursday.
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NEW YORK, May 30- Shares in Clearwire Corp rose about 20 percent on Thursday after Dish Network Corp offered to buy the wireless operator for $4.40 per share, trumping the latest bid from Sprint Nextel Corp, already Clearwire's majority shareholder.
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Some of the names on the move ahead of the open.
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.160x105.jpg?v=1369922428 "Dish Tops Rival Sprint's Bid for Clearwire")
Dish Network Corp raised its buyout offer for Clearwire Corp to $4.40 per share, valuing the wireless service provider at $6.5 billion and topping a rival bid by Sprint Nextel Corp by nearly 30 percent.
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May 29- Dish Network Corp raised its buyout offer for Clearwire Corp to $4.40 per share, valuing the wireless service provider at $6.5 billion and topping a rival bid by Sprint Nextel Corp bid by nearly 30 percent.
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May 29- Dish Network Corp said it raised its offer for Clearwire Corp to $4.40 per share in cash, topping Sprint Nextel Corp's bid.
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