Posts tagged as: Crest Financial

Crest Disapproves Sprint’s Increased Clearwire Bid – Will Fight for A Higher Price

Crest Financial today vowed to continue its fight for a better deal from Sprint for Clearwire. Crest has opposed Sprint’s attempt to acquire the 49.5% of Clearwire it does not already own from the start. Last week, Sprint improved its offer from $2.97 per share to $3.40 per share, increasing the total amount by about […]

Clearwire Investor Wants FCC to Block Sprint Sale

Crest Financial,  an investment firm that owns about 8% of Clearwire, plans to ask the Federal Communications Commission to prevent Sprint from acquiring the remainder of the troubled mobile broadband company. Sprint owns just over 50% and is looking to acquire the remaining 49%. At issue is the price offered by Sprint for Clearwire. Sprint […]

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