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Google Sells Clearwire Stake at a Big Loss
eweek.com (Feb 25 2012) Mobile Broadband , WiMAX
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Google (NASDAQ:GOOG) is selling its 6.5 percent stake in struggling mobile broadband concern Clearwire (NASDAQ:CLWR) for $47.1 million, roughly a $453 million markdown on its $500 million investment in the struggling wireless concern. (Read Full Article)
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