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Leap Wireless Exploring Possible Sale

Article Comments  8

Jan 15, 2010, 2:10 PM   by Eric M. Zeman
updated Jan 15, 2010, 2:51 PM

Updated: updated link, added details

Leap Wireless is close to hiring a bank to help it explore strategic options moving forward, according to sources familiar with the matter. Reuters reports that Leap may hire Goldman Sachs, with which it already has a history. Leap is weighing consolidation and or/and outright sale to a competitor. MetroPCS has previously expressed interest in acquiring and/or merging with Leap Wireless. It made a bid of $5.5 billion for Leap back in 2007, and expressed interest as recently as September 2009. Leap has not officially provided comment on the matter. Leap runs a pre-paid wireless service branded as Cricket.

more info at Reuters »

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Subject	Author	Date
Oh no!	Azeron	Jan 15, 2010, 3:14 PM
Re: Oh no! by michael_herc   Jan 15, 2010, 5:10 PM Re: Oh no! by Jayshmay   Jan 15, 2010, 6:27 PM Re: Oh no! by Dubspoon   Jan 16, 2010, 2:15 AM Re: Oh no! by dave73   Jan 16, 2010, 7:41 AM Re: Oh no! by Azeron   Jan 16, 2010, 12:10 PM Re: Oh no! by dave73   Jan 16, 2010, 10:51 PM
:(	SprintFTW	Jan 16, 2010, 10:09 PM

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