Source: http://www.newsvine.com/_news/2012/02/24/10500932-google-to-sell-clearwire-stake-at-94-percent-loss
Friday, February 24, 2012
Google to sell Clearwire stake at 94 percent loss
Google Inc. on Friday said it will sell its stake in Clearwire Corp., the struggling operator of a wireless data network. The search company is taking a 94 percent loss on the originally $500 million investment made in 2008.
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