iPCS Shareholders Prepping to Fight Sprint Acquisition
A law firm has launched an investigation on behalf of iPCS shareholders to determine whether or not iPCS's management fulfiulled their fiduciary duty to obtain the best price possible for iPCS. Sprint Nextel announced its intent to acquire iPCS for $831 million ($24 per share).
Sprint Settles Lawsuit Over Nextel Merger for $131 Million
Sprint today settled a class-action lawsuit regarding its 2005 acquisition of Nextel for $131 million. Investors claim Sprint executives defrauded shareholders by inflating stock and bond prices after Sprint closed its acquisition of Nextel.
Opera Shareholders Approve Chinese Offer
Opera's shareholders have approved a $1.2 billion bid from a consortium of Chinese companies. Just over 90% of shareholders voted in favor of the takeover, which was a condition of the offer made earlier this year.
AT&T Finalizes Nextel Mexico Acquisition
AT&T today said it has completed its acquisition of Nextel Mexico. Nextel Mexico covers 76 million customers across the country.
SoftBank Invests Another $73 Million in Sprint
SoftBank has purchased yet more shares of Sprint stock, boosting its stake in the company to just over 80%. SoftBank shelled out $73 million for about 16.8 million shares.
Sprint and Verizon Fined Total of $158M to Settle Cramming Charges
The FCC today said Sprint and Verizon Wireless have agreed to pay $158 million to settle charges that they fraudulently charged customers for third-party services — a tactic referred to as cramming. Specifically, Sprint will pay a total of $68 million, $50 million of which will go back to customers, $14 million of which will go to state governments, and $2 million of which will go to the federal government.
I can't wait for iPCS to be gone
This was when I figured out the iPCS thing. It took over a month to get a local phone number from iPCS because telesales could not give me a local number because that would be competing with iPCS, which didn't offer the phone I wanted in their stores.
To All Who Those Folks Who Have Taken Up for iPCS in The Past...
Do you realize what the fighting for?
So, I sell you something. Then I get a lawyer to look into the whole thing and see if I could have got more? Wtf?
Would a judge actually grant them more money? I mean, seriously. 1 person makes a offer, 1 person accepts or declines. If 1 person accepts, how is it possibly to go back and re-do the deal?
You know what I thought of when I read this?
You go to school one day and someone in your lunch room has a peanut butter and jelly sandwich. You offer a trade to them, your grilled cheese for their peanut butter and jelly. The next day, the kids mom comes in to school to speak to the principle about the trade b...
Angry divorced soccer moms
By Johhny on the Go
Today the president of iPCS, Snively Whiplash, announced his intention to sue Sprint over their attempt to buyout his company.
"This is completely unfair," said Whiplash as he tied a ...
That's all I have to say, thank you for your time