I think we will see a halt and not trade for a while in the AM.
Also on the deal is clearwire. Lets see what sprint does with them. I have been in the wireless industry for 12yrs and always saw sprint being very under valued, The whole nextel deal almost killed the company. This has made some folks some nice money.
thats weird $7.30 per shareholder but trading $5.85??
Quote: -------------------------------------------------------------------------------- The transaction calls for Softbank to buy $8 billion worth of shares directly from Sprint [S 5.73 -0.03 (-0.52%) ]at a price of $5.25 each and tender for another $12 billion worth of the shares from existing holders at a price of $7.30 a share, a large premium to Sprint's current price. Given the deal's structure, it will not require a shareholder vote --------------------------------------------------------------------------------
News 
Market Data 
Discover 
