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Newly merged telecom giant Sprint Nextel Corp. agreed Tuesday to buy two affiliates, IWO Holdings Inc. and Gulf Coast Wireless LP, for $714 million in cash and assumed debt, which should resolve the legal problems with one of the companies. Sprint Nextel said it would join Gulf Coast in requesting an immediate stay of litigation pending in federal court in Louisiana.
August 31, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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