(Reuters) - MEXICO CITY, April 2 - Mexico's dominant cell phone operator America Movil surged on Monday after it bid to buy a stake in the company that controls Telecom Italia , Europe's No. 5 telecom group.
Shares of America Movil jumped 3.4 percent to 27.34 pesos, while its New York traded shares were up 3.91 percent at $49.66.
Read more at Reuters.com Mergers News
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