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Investors ‘Leap’ing beyond AT&T offer

Leap Wireless shareholders are jumping ahead of the deal in front of them. AT&T yesterday agreed to buy the wireless company for $15 a share, an 88 percent premium to yesterday’s closing price of $7.98, which is near historical lows. After years of sale rumors, investors pushed… …read more
Source: NY Post

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Posted by on July 15, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.