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Crest Financial

Latest Headlines

Latest Headlines

Clearwire shareholder Crest seeks to disrupt tally ahead of Sprint vote

Clearwire shareholder Crest Financial is seeking to discount the votes of minority strategic Clearwire investors such as Comcast and Intel ahead of a Friday vote on Sprint Nextel's improved $3.40 per share offer to take control of Clearwire.

Clearwire shareholder Crest wages proxy fight to block Sprint deal

Crest Financial, the largest minority shareholder in Clearwire, made good on its promise to wage a proxy battle in an effort to block Sprint Nextel's $2.97-per-share offer to buy the 50 percent of Clearwire that Sprint does not already own.

Clearwire shareholder Crest offers $240M to block Sprint deal

Crest Financial, a minority shareholder in Clearwire, proposed that Clearwire's board accept its offer of $240 million in financing as opposed to continue taking $80 million monthly payments from Sprint Nextel, which is part of Sprint's $2.97-per-share offer to buy the 50 percent of Clearwire that it does not already own.

Clearwire shareholder Crest puts up more resistance to Sprint deal

Crest Financial, a minority Clearwire shareholder, is not backing down from its bid to block Sprint Nextel's takeover of Clearwire. Crest said it hired proxy-solicitation firm D. F. King & Co., to help it oppose the deal.

Clearwire investor Crest to urge FCC to block Sprint/Clearwire deal

Crest Financial, a minority investor in Clearwire, said it will ask the FCC to halt both Sprint Nextel's proposed $2.2 billion acquisition of Clearwire as well as Softbank's $20.1 billion deal to acquire 70 percent of Sprint.

Clearwire joins RCA, notes spectrum backstop

Clearwire became the latest large carrier to join the membership of the Rural Cellular Association.