Sprint Nextel Stock Split History
Posted : admin On 4/28/2019Jul 10, 2013 - Sprint Nextel completed its merger with Softbank on 7/10/2013 for cash. View your transaction history and write down the capital gain amount. Of this transaction as a reverse split to reduce the number of shares owned.
- Examples Illustrating Merger Tax Consequences to Former Nextel Shareholders Overview This document includes examples illustrating how to calculate, for U.S. Shares of Sprint Nextel common stock (200 Nextel shares * the 1.26750218 stock exchange ratio), and approximately $169.26 in cash (200 Nextel.
- (S) stock price, charts, trades & the US's most popular discussion forums. Sprint Nextel Historical Data - S. Best deals to access real time data! Canadian Level 1.
A curious rumour surfaced today a couple of hours before the close, saying Sprint Nextel Corp (NYSE:S) has hired Morgan Stanley and initiated director Ralph V. Whitworth's plan to spin-off Nextel.
According to the rumour it could and must be viewed as huge positive for S. Spin-off announcement 'expected' in 2-4 weeks.
Considering Sprint Nextel (NYSE:S) has been subject to various chatter (both positive and negative), I wanted to highlight some very insightful feedback from a NCN member. He notes:
Sprint Nextel Stock
Both iDEN and CDMA subscriber losses have been huge... this was a stupid deal in the first place and unwinding Nextel now at a depressed price makes no sense. I think they should hold on until the market conditions improve and the company shows solid subscriber growth. Not sure if this is a concession that the Q-chat feature on Rev-A (QCOM product) is not viable technologically. Either way, this is not going to solve CDMA business of Sprint at all. Sprint should have just spend billions on improving coverage like VZW did in the late 1990s/early 2000s. It's paying huge dividends. Sprint is scr*w*d for sure.
Notablecalls: Couldn't agree more.