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Thursday, July 4, 2013

Deals of the day -- mergers and acquisitions, (NYSE: S)

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday: ** All three U.S. Federal Communications Commission members voted in favor of the Sprint Nextel Corp and SoftBank Corp merger on Wednesday, sources familiar with the situation said.** Fruit beverage producer China Huiyuan Juice Group Ltd plans to sell loss-making assets, Vice President Zhou Hongwei said in a teleconference but stopped short of providing any specifics.

Sprint Nextel Corporation (Sprint) is a holding company, with its operations primarily conducted by its subsidiaries. Shares of S traded higher by 0.56% or $0.04/share to $7.19. In the past year, the shares have traded as low as $3.15 and as high as $7.50. On average, 67393000 shares of S exchange hands on a given day and today's volume is recorded at 31773728.



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