Sprint Nextel buys Alamosa for $4.3 billion

Sprint Nextel buys Alamosa PCS, for $4.3 billion and acquires the 1.5 million subs across ninteen states. This brings the totals that Sprint Nextel has spent appeasing the AFFILIATE GODS up to $6.6 billion.
While Alamosa shareholders can still refuse this deal, I doubt that they will. Currently Alamosa has $900 million in the red, and with the stock being purchased at $18.75 a share, this is significantly more than today’s opening bell at $16.17 per share.
Via PCSIntel