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Friday, November 21, 2008
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Shareholders Flee After Approving Clearwire-Xohm Deal

Clearwire shareholders yesterday, as had been widely expected, approved the deal by which Clearwire will merge with Sprint Nextel’s Xohm “WiMax” wireless broadband unit, and then those same investors inexplicably ditched their shares, knocking 32.93 percent off of Clearwire’s market...
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