Sprint Nextel Corp
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New York Senator Charles Schumer sent a letter to the FCC and the Treasury requesting more scrutiny of the recent Sprint deal with Japan's SoftBank. Derek Scissors, Heritage Foundation, weighs in.
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May 22- Dish Network Corp has rolled out an advertising campaign suggesting a deal by a Japanese company to acquire Sprint Nextel Corp could threaten U.S. national security, hoping to sway lawmakers and win support for its rival offer.
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AT&T Inc. rose$. 09 or. 2 percent, to $37.03. Sprint Nextel fell$. 04 or. 5 percent, to $7.35. Verizon Communications Inc. rose$. 05 or. 1 percent, to $52.12.
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Clearwire says its special committee and its board of directors approved Sprint Nextel's sweetened offer to take over the company and is advising shareholders to vote for the deal.
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AT&T Inc. fell$. 09 or. 2 percent, to $36.85. Sprint Nextel fell$. 01 or. 1 percent, to $7.38. Verizon Communications Inc. fell$. 15 or. 3 percent, to $51.92.
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NEW YORK, May 22- Clearwire Corp said its special committee and its board of directors approved Sprint Nextel Corp's sweetened offer to take over the company and advised shareholders to vote for the deal.
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CNBC's David Faber has the latest details on Sprint's increased bid to acquire a 50 percent stake in Clearwire.
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NEW YORK, May 22- Clearwire Corp said on Wednesday its special committee and its board of directors approved majority shareholder Sprint Nextel Corp's revised offer to take over the company and advised investors to vote for the deal.
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AT&T Inc. fell$. 28 or. 8 percent, to $36.94. Sprint Nextel rose$. 10 or 1.4 percent, to $7.39. Verizon Communications Inc. fell$. 67 or 1.3 percent, to $52.07.
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May 21- Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share on Tuesday under pressure from activist shareholders, but the new bid failed to impress several big investors.
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Stocks closed higher but off their best levels after two Fed officials dampened speculation the central bank was ready to consider "tapering" its bond-buying.
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Americans are not fans of their cable TV service or their cell phone service. But they really hate their Internet service provider.
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May 21- Major Clearwire Corp shareholder Crest Financial on Tuesday said it was opposed to Sprint Nextel Corp's newly raised bid for the company. Crest also protested Clearwire's decision to postpone a shareholder vote, which had been scheduled for Tuesday. Crest has been soliciting proxies to oppose the deal.
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AT&T Inc. fell$. 32 or. 9 percent, to $36.90. Sprint Nextel rose$. 10 or 1.3 percent, to $7.39. Verizon Communications Inc. fell$. 56 or 1.1 percent, to $52.18.
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NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. fell. 9 percent to $4.07 with 23,047,800 shares traded. Bank of America Corp. fell. 4 percent to $13.46 with 65,492,500 shares traded.
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May 21- Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share, but the new bid was not high enough to impress some investors. Clearwire shares almost immediately traded around the new offer price, having consistently traded well above the old $2.97- per-share bid.
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AT&T Inc. fell$. 13 or. 3 percent, to $37.09. Sprint Nextel rose$. 09 or 1.2 percent, to $7.38. Verizon Communications Inc. fell$. 15 or. 3 percent, to $52.59.
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Sprint Nextel raised its buyout offer for Clearwire to $3.40 per share, though some investors and analysts said the new bid was still not enough to overcome staunch opposition.
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May 21- Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share, though some investors and analysts said the new bid was still not enough to overcome staunch opposition. Sprint's revised bid values Clearwire at $10.7 billion.
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May 21- Sprint Nextel Corp said on Tuesday it raised its buyout offer for wireless service provider Clearwire Corp 14 percent to $3.40 per share, just hours before shareholders were set to vote on the company's original offer.
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May 21- Sprint Nextel Corp said on Tuesday it raised its buyout offer for wireless service provider Clearwire Corp 14 percent to $3.40 per share, just hours before shareholders were set to vote on the company's original offer.