The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, as well as analysts Tim Hanson and Joe Magyer, discuss the top business and investing stories.
While Sprint Nextel offered recently to buy the remaining 49% of Clearwire that it doesn't currently own, DISH Network made a better offer. The bidding war is further complicated by the fact that Sprint, in owning 51% of the company, would have to approve DISH's offer, and it has said it won't do that. In this segment, the guys discuss the probable outcome, why this has caused a pop in Clearwire stock, and what investors should think of the whole situation.
Make sure you start 2013 with a bang and get the inside scoop on what Motley Fool superinvestor David Gardner will be buying this year. He's crushed the market in his Stock Advisor and Rule Breakers portfolios for years, and now you can take a personal tour of his flagship stock-picking service, Supernova. Just click here now for instant access.
The relevant video segment can be found between 7:48 and 13:03.
The article Time to Buy This Wireless Stock? originally appeared on Fool.com.Chris Hill, Joe Magyer, Tim Hanson, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.