Hedge fund stung by unusual ruling over Sprint-Clearwire deal
July 21, 2017 at 12:46 PM EDT
WILMINGTON, Del, July 21 (Reuters) - A Delaware judge ruled Friday that wireless carrier Clearwire Corp was sold in 2013 for more than twice its fair value, a decision that dealt a stinging loss to the Aurelius Capital Management hedge fund which spent years battling to prove Clearwire was vastly underpriced.