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Old 07-16-08, 12:49 PM   #1 (permalink)
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Sprint Nextel up for sale

With the US dollar devalued internationally, foreign investors are finding many opportunities to buy up struggling US companies.[INDENT]NEW YORK (AP) -- South Korea's SK Telecom Corp. is in talks to buy struggling U.S. wireless carrier Sprint Nextel Corp., business news channel CNBC reported Tuesday

An agreement would be at best weeks away, CNBC said, citing people familiar with the talks.

Sprint shares closed down 4 percent a...

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