Update 4: Sprint, Nextel Stocks Up on Merger Reports
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Wall Street was abuzz Friday over a potential merger between Sprint and Nextel, though the companies declined to comment on a slew of news reports that they are negotiating to combine to create a celluar provider that would almost rival Cingular Wireless
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U.S. stocks rose on Wednesday as  wireless carrier Sprint Corp.'s FON.N acquisition of Nextel  Communications Inc. NXTL.O boosted investor hopes for more  mergers.
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Sprint Nextel Corp  on Wednesday posted a higher fourth-quarter profit as revenue rose despite weak customer growth.
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DECEMBER 20, 2004  - Last week&#39;s merger deal between Sprint Corp. and Nextel Communications Inc. continues a consolidation trend among wireless carriers that could help lower prices and bolster
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As expected, Sprint Corp. and Nextel Communications announced their &quot;merger of equals&quot; Wednesday--with Sprint as the slightly dominant partner--and revealed some unexpected details of the combine: Nextel&#39;s
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Shares of Sprint Corp.   jumped on Friday as the telephone company continued merger negotiations with Nextel Communications Inc.  for a deal that would combine the No. 3 and No. 5 U.S. wireless service carriers.
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WASHINGTON  - Sprint and Nextel reached tentative agreement on a merger of the two wireless telecom groups in a deal worth an estimated 34.8 billion dollars, reports said.
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Sprint Corp. and Nextel Communications Inc. announced this morning that they will merge the companies in a deal that would create a new wireless telecommunications giant.-The Washington Post
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SEOUL/NEW YORK  - Shares in Sprint Nextel Corp.  surged in Monday U.S. after-hours trade following a report that South Korea's top telecoms operator, SK Telecom Co., was preparing to bid for the No. 3 U.S. wireless firm. South Korea's top mobile operator  delivered an official denial of the report on Tuesday afternoon during market hours, but its shares closed 4.22 percent higher as investors bet that the reported deal could be feasible.
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OVERLAND PARK, Kan. Dec 15, 2004 - Sprint Corp. and Nextel Communications Inc. said Wednesday that their boards have unanimously approved a &quot;merger of equals&quot; transaction, in which each company&#39;s shareholders
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Stocks extended their rally with modest gains Wednesday, as Wall Street overlooked climbing oil prices to focus on strong results from Lehman Brothers and Sprint&#39;s $35 billion deal for Nextel Communications.
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Shares of Sprint Nextel Corp   rose over 3.5 percent on Friday as investors reacted to market  speculation the No. 3 U.S. mobile service could be sold to  Britain&#39;s BT Group , but analysts were skeptical.
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Stocks rose on Thursday as investors bet on a year-end rally, while talk of a possible merger by telecommunications companies Sprint and Nextel and upbeat earnings from chip maker National Semiconductor Corp.
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The Sprint/Nextel merger announced earlier this month is only the latest can&#39;t-miss-guaranteed-to-increase-profits combination to hit the airwaves.
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SAN FRANCISCO (CBS.MW) -- Shares of wireless carriers Nextel and Sprint rose Thursday after the Wall Street Journal reported that the companies are discussing a merger.
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Wall Street was abuzz Friday over a potential merger between Sprint and Nextel, though the companies declined to comment on a slew of news reports that they are negotiating to combine to create a celluar provider that would almost rival Cingular Wireless and Verizon Wireless in size.
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Nextel Communications Inc. and Sprint Corp. are negotiating a possible merger, according to a source familiar with the discussions.