Will Dish Network’s Offer To Purchase Clearwire Elate These Top Institutional Shareholders?

Dish Network Corp. (NASDAQ:DISH) has a competing $3.30 per share offer for Clearwire Corp (NASDAQ:CLWR) and this may only be a minor inconvenience as far as Sprint Nextel Corp (NYSE:S) is concerned, according to Reuters. Sources think a bidding war is unlikely considering that Dish’s offer contains many conditions, some of which require prior approval of Sprint. Furthermore, Dish may want to amend certain agreements between Sprint and Clearwire which would require significant changes to Clearwire’s corporate structure. Considering the fact that Sprint owns just over 50% of Clearwire, all of this can hardly be expected to sail through. Of course, Clearwire is legally bound to consider the offer by Dish, which will likely be supported by Crest Financial Ltd, an 8% stakeholder, as well as a persistent and vocal opponent of Sprint’s offer.

Will Dish Netwok Corp.’s shareholders increase their holdings? They reported owning a total of 339,716 shares on 12/31/2012. The shares closed at $36.40 on 12/31/2012.

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Here are the ten largest positions in Dish Network Corp. at the end of December 31st, 2012.

Beese Fulmer Investment Management Inc. held 203,642 shares on 12/31/2012 worth $7,412,569. This brought the portfolio total to 3.72%.

Shell Asset Management Co. held 61,816 shares on 12/31/2012 worth $2,250,102. This brought the portfolio total to 0.04%.

Centurylink Investment Management Co. held 35,450 shares on 12/31/2012 worth $1,290,380. This brought the portfolio total to 0.43%.

First Citizens Bank & Trust co. held 18,838 shares on 12/31/2012 worth $685,703. This brought the portfolio total to 0.02%.

BB&T Corp. held 9,486 shares on 12/31/2012 worth $345,290. This brought the portfolio total to 0.02%.

Huntington National Bank held 9,150 shares on 12/31/2012 worth $333,060. This brought the portfolio total to 0.01%.

Creative Planning held 1,034 shares on 12/31/2012 worth $37,638. This brought the portfolio total to 0.0%.

Central Bank & Trust Co. held 300 shares on 12/31/2012 worth $10,920. This brought the portfolio total to 0.01%.

Dodge & Cox held 12,563,050 shares on 09/30/2012 worth $384,554,968. This brought the portfolio total to 0.5%.

Putnam Investment Management LLC. held 10,556,283 shares on 09/30/2012 worth $323,127,829. This brought the portfolio total to 0.95%.

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