BT to make bid for Sprint?

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Conrad Quilty-Harper
September 22, 2007 8:15 PM
In this article: BT, Rumor, Rumors, Sprint, Stock
BT to make bid for Sprint?
Whenever stock traders gossip, there's usually a lot of disinformation, and there's always an element of plausible deniability: both are the case here, with stories about a possible buyout of Sprint by British firm BT apparently circulating. Sprint's recent stock boost is one of the consequences of the rumors, so whatever's going on, it's good news for stock holders of Sprint. For the rest of us, however, this is just another unpredictable aspect of the stock market: and lets face it, if a deal does go through, it'll be months or even years until consumers see any perceivable difference in services (if any.) Until it does, we'll remain blissfully unaware of all those big money discussions taking place behind mahogany doors on both sides of the Atlantic.
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