Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Mergers & acquisitions

January 9, 2013: 10:20 AM ET

Dish Network (Nasdaq: DISH) has made an unsolicited $2.2 billion bid to acquire Clearwire Corp. (Nasdaq: CLWR). The $3.30 per share offer represents an 11% premium to Sprint Nextel Corp.'s (NYSE: S) recent agreement to acquire the 48% stake of Clearwire that it doesn't already own. www.clearwire.com

The Carlyle Group has hired Evercore Partners to find a buyer for Synagro Technologies Inc., a Houston, Texas–based recycler of organic waste, according to Reuters. www.synagro.com

Clearview Capital
has sold Air Cooled Exchangers LLC, a Broken Arrow, Okla.–based maker of custom engineered air cooled heat exchangers for the energy industry, to Sweden's Alfa Laval. No financial terms were disclosed. www.ace-coolers.net

Palm Beach Capital has sold Cruise Planners-American Express Travel, a home-based travel agent franchise, to members of company management. No financial terms were disclosed. www.cruiseplanners.com

Xing AG, a listed online business network in German-speaking countries, has agreed to acquire Kununu GmbH, an Austria-based platform for employer reviews in German-speaking countries. The deal is valued at upwards of €9.4 million, including a €5.8 million earn-out. www.xing.com

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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