Sprint announced today that it plans to acquire US Unwired for approximately $1.3 billion in an agreement that has been approved by both companies' boards of directors. According to a press release, shareholders with approximately 27.3% of the outstanding common shares of US Unwired have agreed to tender their shares pursuant to the tender offer and to vote their shares in favor of the merger.
Sprint To Spend $1.3 Billion On US Unwired
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