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On July 28, 2009, Sprint Nextel Corporation agreed to acquire the outstanding shares of Virgin Mobile USA, Inc. in return for Sprint Nextel stock valued at approximately US$5.50 per share of Virgin Mobile USA common stock. [9] Prior to the purchase, Sprint Nextel owned 13.1% of Virgin Mobile USA. [10] After the acquisition, Sprint Nextel formed ...
U.S. stocks are in the red this morning, with the S&P 500 and the narrower, price-weighted Dow Jones Industrial Average down 0.88% and 0.77%, respectively, at 10:05 a.m. EDT. SoftBank's final ...
Gary Forsee succeeded William Esrey as CEO of Sprint in 2004. During his first year, he led a dramatic rise in Sprint's performance and stock price and negotiated the Sprint Nextel merger, earning him the honor of being named one of the "Best Managers" of 2004 by Business Week magazine. [2]
Prior to July 9, 2013, Sprint Nextel only owned a 50.8% equity interest in Clearwire Corporation; On December 17, 2012, Sprint Nextel agreed to pay US$2.97 per share, US$2.2 billion in total, to purchase the portion of Clearwire shares that Sprint Nextel did not already own. On June 20, 2013, Sprint Nextel increased its offer to $5 per share ...
Sprint Nextel's (NYS: S) second quarter net loss of $1.37 billion, or $0.46 a share, was worse than analysts' not-so-great expectations of a $0.40 a share loss. Yet, in spite of Sprint's second ...
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Nextel was one of the first providers in the United States to offer a national digital cellular coverage footprint. Prior to merging with Sprint Corporation in 2005, Nextel Communications, Inc. was a publicly traded company. Shares traded on the NASDAQ under the ticker symbol NXTL. Nextel was headquartered in Reston, Virginia, United States. [2]
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares ...