Shares of Sprint Nextel Corp., the third-largest cellphone company in the U.S., hit their highest level in a year on Thursday following a report that it's in advanced talks to be acquired by Japanese cellphone company Softbank Corp.
MiamiHerald.com: Business, Miami Herald: Business
Thu, 10/11/2012 - 5:30am
Shares of Sprint Nextel Corp., the third-largest cellphone company in the U.S., hit their highest level in a year on Thursday following a report that it's in advanced talks to be acquired by Japanese cellphone company Softbank Corp.