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Google Plan to Sell Clearwire Stake

Posted on February 25, 2012

Google plans to sell its entire stake in the wholesale mobile broadband provider “Clearwire” at a loss of nearly $453 million.
Google may sell the company’s stake at $1.60 a share, according to a U.S. Securities and Exchange Commission filing today.
Wall Street journal says “Google selling its entire 6.5% stake in Clearwire at a 91% loss”

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