Saturday, August 28, 2004

The Seattle Times: Stock sale raises $160 million for McCaw venture

The Seattle Times: Stock sale raises $160 million for McCaw venture "Kirkland-based Clearwire, billionaire Craig McCaw's latest venture, has quietly sold $160 million in common stock, according to a document filed this week with the Securities and Exchange Commission.
The amount is a huge sum for a new public company, let alone a private entity such as Clearwire, which unveiled its plans for wireless broadband service only this summer. But McCaw's name appears to attract interest."
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