Unnamed Suitor Competed with Sprint for Virgin Mobile
According to documents filed with the SEC, a second company pursued Virgin Mobile USA earlier this year. The firm, only referred to as Company X in the filings, made several bids for Virgin Mobile against Sprint Nextel. Virgin's board of directors decided that PCS licensing issues and Sprint's on-going relationship with Virgin made it a better match. The board also believed Sprint Nextel would block Company X — called a strategic competitor of Sprint Nextel — from making the acquisition. Company X withdrew its last bid for Virgin on July 24, and Virgin Mobile USA and Sprint Nextel made the acquisition announcement on July 28. The deal is worth about $483 million.
i know who it was.
ps im an alien so i know.
im an alien
planet x baaabbyyyy!!!
Those considerations would likely rule out both MetroPCS & Leap (dba Cricket), as neither wo...
I didn't want you guys to know what I do with my play money. Oh well, I'll now wait for cricket to sell themselves.