NII Holdings (NIHD) Higher as Shorts Squeezed

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Gabelli Maintains Buy on NII Holdings (NIHD)

April 9, 2013 11:17 AM EDT

Gabelli today maintained a Buy rating on NII Holdings (NASDAQ: NIHD). Last week NII Holdings announced it agreed to sell Nextel Peru to Entel for $400 million. Analysts said the sale "validates the value of the company's spectrum and tower assets, that we believe is... More