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Reuters knocks down Sprint buy-out rumour; shares fall 07.14.2008 Reuters reported on July 15 that South Korea’s SK Telecom wasn’t in takeover talks with beleaguered U.S. mobile provider Sprint Nextel, but instead was discussing technology collaboration. The story, which knocked down a CNBC report that the two were in acquisition talk, reduced gains in Sprint shares and was cited as the reason behind Sprint’s 4 percent stock decline on July 16. The Wall Street Journal followed with its story a half hour after Reuters. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters knocks down Sprint buy-out rumour; shares fall

07.14.2008

Reuters reported on July 15 that South Korea’s SK Telecom wasn’t in takeover talks with beleaguered U.S. mobile provider Sprint Nextel, but instead was discussing technology collaboration. The story, which knocked down a CNBC report that the two were in acquisition talk, reduced gains in Sprint shares and was cited as the reason behind Sprint’s 4 percent stock decline on July 16. The Wall Street Journal followed with its story a half hour after Reuters.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here