Sprint Nextel (NYSE:S) and Clearwire (UNKNOWN:UNKNOWN) are nearing the end of their multiple bidding wars. Figuring out what Japanese wireless vendor Softbank and all-American broadcaster DISH Network (NASDAQ:DISH) might get is tough enough, but hardly the whole story. This drama is so complicated, one of the targets (Sprint) is even bidding on the other one (Clearwire).
In the following video, Fool contributor Anders Bylund presents the current lay of the land, and why this is a pretty good deal for everyone involved. Spoiler alert: Nobody walks home empty-handed.
The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.