by Henry88 » Wed May 15, 2013 4:51 pm
[quote]Sprint Nextel Corp. (S)’s bid for Clearwire Corp. (CLWR), slated for an investor vote on May 21, won the endorsement of Egan-Jones Ratings Co., which joined Institutional Shareholder Services Inc. in supporting the deal.
“Based on our review of publicly available information on strategic, corporate governance and financial aspects of the proposed transaction, Egan-Jones views the proposed transaction to be a desirable approach,â€