Sprint, Nextel Shares Up on Merger Talk
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Shares of Sprint Corp. and Nextel Communications Inc. jumped again on Friday as the telephone companies continued negotiations on a merger that would combine the No.
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Merger talks between wireless carriers Sprint Corp. and Nextel Communications Inc. aren&#39;t sounding very jolly to one equipment supplier: Motorola Inc.
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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 Corp. FON.N and Nextel  Communications Inc. NXTL.O fueled buying.
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Sprint (FON:NYSE - news - research) and Nextel (NXTL:Nasdaq - news - research) have struck a tentative merger agreement, according to news reports.
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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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PHILADELPHIA/NEW YORK  - Sprint Corp. is close to  an agreement to buy Nextel Communications Inc. for about $35  billion in a mostly stock deal that would combine the No. 3 and  No. 5 U.S. wireless telephone companies, sources familiar with  the situation said on Friday.
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NEW YORK  -  When cellphone giants Sprint and Nextel merged in 2005, investors had a lot of hope for the combined company.
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SEOUL/NEW YORK  - Shares in Sprint Nextel Corp.  surged on Monday in 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.
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Sprint and Nextel Communications could announce a &#36;35 billion merger this week in a deal that would forge a third goliath in the quickly consolidating wireless industry.  The union would complete Sprint's transformation from perennial also-ran in the troubled long-distance business.
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Sprint (FON:NYSE - news - research) and Nextel (NXTL:Nasdaq - news - research) confirmed a $35 billion merger Wednesday morning, going public with their definitive agreement despite reports that Verizon (VZ:NYSE - news - research) continues to weigh its
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Sprint Corp., the No. 3 US mobile-phone company, and Nextel Communications Inc. are in talks about a possible merger, people familiar with the matter said.
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PHILADELPHIA/NEW YORK  - Sprint Corp. is close to  an agreement buy Nextel Communications Inc. for more than $36  billion in a mostly stock deal that would combine the No. 3 and  No. 5 U.S. wireless telephone companies, sources familiar with  the situation said on Friday.
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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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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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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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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's BT Group , but analysts were skeptical.
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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