The Delaware Supreme Court affirmed the Chancery Court’s decision in favor of defendant Sprint in its $3.6 billion buyout of Clearwire. In a single sentence, the Delaware Supreme Court affirmed a prior Court of Chancery decision in Sprint Corp’s. $3.6 billion buyout of Clearwire Corp. Previously, Vice Chancellor J. Travis Laster had found that Sprint presented sufficient evidence to negate a hedge fund company’s claims of breach of fiduciary duty and stock appraisal. In his testimony, Dr. Wallsten identified several flaws in the plaintiffs’ evaluation methods. In the Chancery Court case, Aurelius Capital Management alleged that Sprint improperly pushed its buyout at a low price. Defense counsel retained Cornerstone Research and Dr. Scott Wallsten of the Technology Policy Institute to opine

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