Voices
Tess Stynes, Reporter, The Wall Street Journal in Voices on August 2, 2012 at 7:19 am PT
AT&T Inc. (T) agreed to acquire Nextwave Wireless Inc. (WAVE), a wireless technology firm that manages and maintains wireless spectrum licenses, for up to $50 million plus the repurchase of debt from bondholders.
Nextwave shares soared to $1.25 in recent trading from Wednesday’s close of 25 cents.