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Sprint offers $2.1B for the rest of Clearwire

By Peter Svensson
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NEW YORK (AP) — Sprint Nextel has offered to buy out the minority shareholders of Clearwire for $2.1 billion in a deal that would give it total control of the flailing company and also more space on the airwaves for data services.

Sprint said in a regulatory filing Thursday that it’s offering $2.90 per share for the 49 percent of the wireless network operator that it doesn’t already own.

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