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Who bought who???

Darth Ridiculous

Sep 4, 2005, 2:30 PM
I've heard Sprint bought Nextel and Nextel bought Sprint, which is it? Hard to tell with the looks of the new brochures and the website looks like a variation mostly of Nextel's.
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sprextel

Sep 4, 2005, 4:52 PM
Sprint bought Nextel in an all stock deal.
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nextel18

Sep 4, 2005, 7:18 PM
WRONG!

it was a stock and cash deal. 1.26 per in stock and .84 per share in cash. (if you are a netel shareholder you would get that)
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nextel18

Sep 4, 2005, 7:17 PM
sprint bought out nextel, but in reality its a merger of equals.

it was a stock and cash deal. 1.26 per in stock and .84 per share in cash. (if you are a netel shareholder you would get that)

it will be a 51 to 49 percent ownership in favor of sprint, but they need to have that ownership becuase they want to do a proper tax free spin off of local. in order to do that successfuly, they need to have control of the company.

it is a merger of equals as i mentioned before.
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sprextel

Sep 5, 2005, 12:39 PM
nextel18 said:
sprint bought out nextel, but in reality its a merger of equals.

it was a stock and cash deal. 1.26 per in stock and .84 per share in cash. (if you are a netel shareholder you would get that)

it will be a 51 to 49 percent ownership in favor of sprint, but they need to have that ownership becuase they want to do a proper tax free spin off of local. in order to do that successfuly, they need to have control of the company.

it is a merger of equals as i mentioned before.



I stand corrected, it was a stock AND cash deal. Nextel18 finally got one, except for the fact that he cant spell NeXtel. I don't rightly understand how it can be considered a merger of equals, though.
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nextel18

Sep 5, 2005, 12:52 PM
get one right? i always get things right. sorry. 🙂

now your making fun of me becuase i forgot to place an X? lol how pathetic.

the first sentence i spelled it right lol... anywya.

why dont you understand its a merger of equals?

1. they have the same market cap.
2. they are using 6 and 6 top execs to be on the new company's board from both companies.

thus; its a merger of equals.

as mentioned before on paper it isnt becuase of what i explained earlier with the spinco.
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Darth Ridiculous

Sep 9, 2005, 2:30 PM
Merger? maybe. Equals?? far from it til now!
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nextel18

Sep 15, 2005, 4:33 AM
no.. it was a merger of equals.

1. same market cap
2. 6 execs from each company will be in the new company.

thus; merger of equals.

on paper its not becuase of the proper tax free spin off of local.
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Darth Ridiculous

Sep 16, 2005, 10:07 AM
Dude, get fo real..........nextel sucked until now......i dont care how many execs they brought or what. Only thing they had going was NASCAR and a stupid redneck trademark walkie talkie.
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sangyup81

Sep 16, 2005, 10:09 AM
I thought the walkie-talkie was a ghetto thing
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nextel18

Sep 16, 2005, 5:11 PM
nah nextel never "sucked"

they are leading in basically every category but total subscribers and quarter sub growth.
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punk in drublic

Sep 21, 2005, 5:09 PM
Or...who bought whom...for those of us speaking the english language...ha, just ragging you, little D. 😛
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