Google Dumping Clearwire Stake

Google will sell its 6.5 percent stake in wireless Internet service provider Clearwire for roughly $47 million (a discounted stock price of $1.60 per share), according to an SEC filing. Google initially invested $500 million in the company in 2008.

Source: http://feedproxy.google.com/~r/sewblog/~3/cxp1YNx_zXQ/Google-Dumping-Clearwire-Stake

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