Sprint Nextel (S) Sinks on Reports of T-Mobile/MetroPCS Deal

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October 2, 2012 10:05 AM EDT

Price: $49.78 -0.04%

Overall Analyst Rating:
SELL (= Flat)

Sprint Nextel Corp. (NYSE: S) seeing pressure on reports T-Mobile and MetroPCS (NYSE: PCS) are in talks.

Shares of S are down 5.3%.

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