Monday, November 21, 2005

Sprint to buy Alamosa for $4.3B

A Reuters newswire article, via Yahoo! News, reports that:

Sprint Nextel Corp. said on Monday it agreed to buy wireless affiliate Alamosa Holdings Inc. for about $4.3 billion, including the assumption of about $900 million of net debt.

Sprint said Alamosa shareholders would receive $18.75 per share in cash under the agreement.

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