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The new BCA gives an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint's owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank's effective ratio of 11.31 shares per T-Mobile share.
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 ...
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]
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 ...
Getty Images Two big takeover deals are in the works, and plunging gold prices pressure stocks. All three of the major averages rallied by more than two percent last week, with the Dow and the S&P ...
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The following companies were formerly owned by Embarq, acquired in 2009, and formerly owned by Sprint Nextel or United Telephone until 2006. Centel companies are also included, which was purchased by Sprint in 1993. Carolina Telephone and Telegraph Company (North Carolina) Central Telephone Company (Nevada, North Carolina)
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 ...