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Carl Icahn joins Twitter, Sprint ups the ante for Clearwire, and more

Carl Icahn Twitter
(Image credit: Twitter/Carl C Icahn)

1. THE BATTLE BETWEEN SPRINT AND DISH OVER CLEARWIRE NEARS ITS END

The end of Sprint and Dish's bidding war over high-speed internet company Clearwire may be in sight: On Tuesday, Sprint Nextel increased its bid to $5 a share or $14 billion, higher than Dish's recent bid of $4.40 a share, and seriously higher than Sprint's last bid of $3.40 a share. Sprint, which already owns half of Clearwire, wants to tap into the company's wide spectrum to expand its 4G LTE network for high speed data. [New York Times]

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Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.