Clearwire to take $80 million financing from Sprint

Clearwire Corp said it will take $80 million in financing from Sprint Nextel Corp in the form of exchangeable notes.

Wall Street Journal had reported that Clearwire plans to tap financing from Sprint, in a move that further complicates Dish Network's effort to buy Clearwire, citing people familiar with the situation.

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(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Supriya Kurane)

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Clearwire to take $80 million financing from Sprint

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