Google ditches Clearwire stock

Google has ditched its stake in Clearwire, selling off its 6.5-percent of Class A stock in the WiMAX�carrier for $47m, well below market value.�The news was confirmed in a�SEC filing�today, with a separate letter from Google�revealing that Google is looking for $1.60 per share, while Clearwire stock is currently selling for $2.27. Sprint and Comcast [...]

Source: http://feeds.slashgear.com/~r/slashgear/~3/5tZ6bbYj414/

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