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iPCS Shareholder Group Opposes Sprint Acquisition

Article Comments  24  

Nov 17, 2009, 4:14 PM   by Eric M. Zeman   @phonescooper

Greywolf Capital Management, which owns about 8% of Sprint affiliate iPCS, thinks the $24-per-share price offered by Sprint to buy iPCS is too low. The group sent a letter to the iPCS board of directors indicating that it will not vote in favor of the acquisition. Greywolf, which approves of the acquisition in theory, believes Sprint has undervalued iPCS and should pay an amount closer to $47 per share.

more info at Associated Press / Yahoo News »



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Subject Author Date
UGH! tuxedosun Nov 17, 2009, 4:36 PM
  • Re: UGH! by VZW611LA   Nov 17, 2009, 4:49 PM
    • Re: UGH! by deezy17   Nov 17, 2009, 5:18 PM
      • Re: UGH! by jeremylobaugh   Nov 17, 2009, 6:35 PM
        • Re: UGH! by en102   Nov 17, 2009, 6:38 PM
        • Re: UGH! by DonM   Nov 17, 2009, 7:24 PM
        • Wow! A Pro iPCS post by Azeron   Nov 17, 2009, 7:27 PM
        • Re: UGH! by deezy17   Nov 17, 2009, 8:11 PM
            (more replies...)
        • Re: UGH! by alulim   Nov 17, 2009, 11:38 PM
            (more replies...)
Shentel is the only one left and ipcs needs to give up Jonathanlc2005 Nov 18, 2009, 1:20 AM
Greywolf Capital needs to be shot from a helicopter.. bluecoyote Nov 17, 2009, 5:55 PM
IPCS...,abbreviation for, Slammer Nov 17, 2009, 5:44 PM
LMAO Disrespect Nov 17, 2009, 5:08 PM
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