3 posts and columns on common shares

Sprint Nextel Silences iPCS

in News on October 19, 2009 at 5:01 am PT

Wireless company iPCS is a legal thorn in Sprint’s side no longer. This morning, Sprint said it would acquire its litigious affiliate for $831 million, including the assumption of $405 million of net debt.
acquisitions

For Sale: 20 Million Palm Shares at $16.25 Apiece

in News on September 23, 2009 at 8:12 am PT

Palm this morning put a price on its public offering of 20 million common shares: $16.25 a piece. That’s nearly five percent less than Tuesday’s closing price of $17.07, but enough to generate about $313.1 million.
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Mark Zuckerberg: Bad Santa

in News on December 5, 2008 at 7:17 am PT

Facebook’s virtual gift market may turn out to be the best holiday shopping option for employees hoping to cash out some of their shares. On Thursday, the company postponed a program that would have allowed employees to sell up to 20 percent of their vested shares.