All February 21, 2012 1 min read

Google to Sell Clearwire Stake for 94% Loss

Google disclosed its intention to sell its 6.5% stake in Clearwire. In an SEC filing, the company looks to get $47 million for its stake, which would equate to a 91% loss of the $500 million it invested in Clearwire.
http://www.google.com

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