May 29, 2013 / 11:59 PM / 5 years ago

Dish tops rival Sprint's bid for Clearwire

(Reuters) - Dish Network Corp (DISH.O) said it raised its offer for Clearwire Corp CLWR.O to $4.40 per share in cash, topping Sprint Nextel Corp’s (S.N) bid.

    Sprint raised its buyout offer for wireless service provider Clearwire to $3.40 per share on May 21 under pressure from activist shareholders.

    Reporting by Garima Goel in Bangalore; Editing by Phil Berlowitz

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