Deals
Sprint Jumps After U.S. Sues to Block AT&T, T-Mobile Deal
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Sprint Nextel Corp., the third-largest U.S. mobile-phone carrier, rose 5.9 percent after the U.S. government sued to block rival AT&T Inc.’s proposed $39 billion acquisition of T-Mobile USA Inc.
Sprint Nextel jumped 21 cents to $3.76 at 4 p.m. in New York Stock Exchange composite trading. Shares of the Overland Park, Kansas-based company had slumped 16 percent this year before today.