Friday, June 24th, 2005
Nextel affiliate: Force buyout (The Deal)
Nextel Partners Inc. is recommending that shareholders exercise their right to force Nextel Communications Inc. to buy them out after the company's $35 billion merger with Sprint Corp . A deal could value the Kirkland, Wash., carrier's equity at $4.8 billion, though Nextel already holds 32% of the shares.
Publ.Date : Thu, 23 Jun 2005 22:43:54 GMT