DISH Network Announces Expiration of Hart-Scott-Rodino Waiting Period for Tender Offer to Purchase All Clearwire Corporation Class A Common Stock


ENGLEWOOD, Colo.--(BUSINESS WIRE)-- DISH Network Corporation (NASDAQ: DISH) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act ("HSR") in connection with the tender offer by DISH Acquisition Holding Corporation, a wholly-owned subsidiary of DISH, to purchase all outstanding shares of Class A Common Stock of Clearwire Corporation (NASDAQ: CLWR), including any shares of Class A Common Stock issued in respect of outstanding shares of Class B Common Stock, for $4.40 per share. The waiting period under HSR expired Friday, June 14, 2013.

Sprint Nextel Corp has filed a lawsuit against Dish Network Corp and Clearwire Corp to prevent the completion of Dish's offer for Clearwire's shares.


The lawsuit details how Dish has "repeatedly attempted to fool Clearwire's shareholders into believing its proposal was actionable in an effort to acquire Clearwire's spectrum and to obstruct Sprint's transaction with Clearwire," Sprint said in a statement on Monday.