Sprint completes 483 million Virgin Mobile USA acquisition
Sprint Nextel confirms the $483 million purchase of Virgin Mobile USA and retires its debt. Virgin Mobile shareholders approved the deal paying $5.50 in Sprint stock per share. Virgin Mobile serves 5.2 million subscribers and targets prepaid customers, while Boost remains a separate Sprint brand.
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Kansas City
Sprint Nextel Corp
Virgin Mobile USA
Virgin Mobile
Sprint
Sprint Nextel
Overland Park
Kan
Boost Mobile
Virgin
Boost
Crude prices slide to 76 per barrel on weak data
Oil futures eased to about 76 dollars a barrel after data showed US growth at 2.8 percent in Q3, below expectations. The dollar strengthened, and consumer spending remained tepid with weak business inventories and construction.
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U.S
New York Mercantile Exchange
Commerce Department
Airlines fined for tarmac stranding in Rochester incident
The U S Department of Transportation fined Continental Express $50000 ExpressJet $50000 and Mesaba $75000 for keeping passengers aboard a grounded plane for about six hours at Rochester Minnesota on Aug 8 The action marks the first penalties against carriers over long tarmac delays and aims to strengthen passenger protections.
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Washington, D.C
Department of Transportation
Department
Rochester
Minn
Continental Express
Houston
Minneapolis
Mesaba Airlines
Continental Airlines Inc
ExpressJet Holdings Inc
Continental
ExpressJet
Kristy Nicholas
Northwest Airlines
Delta Air Lines Inc
Ray LaHood
Christin
William Mitchell College of Law
St. Paul
Dan Petree
Embry-Riddle Aeronautical University
Daytona Beach
Fla
John Spanjers
Mesaba
Spanjers
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