HI all,

FYI See link.

Take care,

Jay

..Update: Clearwire Says It Hasn't Hired Restructuring Firm
By Eric Savitz | Forbes

Update: Clearwire Says It Hasn't Hired Restructuring Firm - Yahoo! News

Clearwire this afternoon said that it hasn't hired a restructuring firm, and that it has enough liquidity to fund its WiMax operations for at least another year.

The broadband wireless network operator made the comments in response to a Bloomberg story yesterday which said the company had talked to Blackstone Group about possible financial restructuring alternatives. Investors reacted to the news by selling Clearwire shares, apparently fearing that any financial restructuring could include replacing some debt with equity, and diluting current holders.