SK Telecom (SKM) Is In Talks To Acquire Sprint Nextel (S) -CNBC
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SK Telecom (NYSE: SKM) reportedly in talks to acquire Sprint Nextel (NYSE: S) reports David Faber on CNBC. SK Telecom is smaller than Spring Nextel, so SK Telecom would have to get a private equity partner to complete the acquisition to buy Sprint Nextel. Sprint Nextel is trading up on the news.
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