Clearwire Registers for Share Sale of as Much as $536.6 Million
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Clearwire Corp., a startup seeking to build a nationwide high-speed network, registered to let investors sell stock worth as much as $536.6 million.
The selling shareholders include Chesapeake Partners and Highbridge International, Clearwire said today in a regulatory filing. The company registered for a sale of as many as 108.8 million shares at a proposed maximum price of $4.93.