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Sprint Mulls Separating Nextel Unit (Amol Sharma/Wall Street Journal)

May 5th, 2008 by

Amol Sharma / Wall Street Journal:

Sprint Mulls Separating Nextel Unit  —  Sprint Nextel Corp. is seriously considering spinning off or selling its ailing Nextel unit, people familiar with the situation say, a dramatic acknowledgement that Sprint’s $35 billion acquisition of Nextel Communications in 2005 has been a failure.

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