Credit Suisse buys Google's Clearwire shares
03/09, 4:30pm
Google sells 29.4m shares to Credit Suisse
Google has sold its stake in Clearwire to international financial services group Credit Suisse, the Wall Street Journal revealed this week, citing unnamed sources. Each of the 29.4 million shares sold for $2.26 for a total of $66.5 million. While this represents an enormous loss compared to the $500 million Google paid in 2008, it's still better than the $1.60 per share Google was asking late last month.