Monday, July 9, 2007

REFILE-SK Telecom considers bid for Sprint Nextel-paper

(Reuters) - The Korea Economic Daily reported brokerage sources as
saying SK Telecom, South Korea's top mobile phone operator, has
been contacting several funds since the first half of 2007 to
help finance a takeover.




An SK Telecom executive said the report was "groundless"
and that the company is not considering a hostile takeover of
Sprint Nextel.


Read more at Reuters.com Mergers News

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