Information provided by Theflyonthewall.com Sprint
) struck a deal to acquire the approximately 50% stake in Clearwire
) it does not already own for $2.97 per share, or $2.2 billion. Shares of the two companies moved in opposite directions after the announcement, with Sprint gaining about 0.25% and Clearwire declining almost 13%.
Among the notable gainers was Caribou Coffee
), which rose 30% after agreeing to be acquired by Germany's Joh. A. Benckiser for $16 per share in cash, or $340 million.
Also higher were shares of Compuware
), up about 15% after Elliott Management offered to acquire the company for $11 per share in cash, or $2.3 billion.
Among the noteworthy losers was Endeavour
), which fell almost 21% after research firm Global Hunter downgraded the stock to "accumulate" from "buy" and cut its price target on shares to $9 from $13.
Also lower was Cabelas
), which slipped about 5% as one of the gun retailers and gun makers seeing its stock move lower in response to intensified calls for gun control following Friday's tragedy in Connecticut.