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Summary:

So finally we have a winner in the Sextel deal – Motorola, which is getting about $780 million for its stake in Nextel, as per SEC filings. That works out to approximately 69.3 million shares in Sprint Nextel, as well as $46.3 million in cash, in […]

So finally we have a winner in the Sextel deal – Motorola, which is getting about $780 million for its stake in Nextel, as per SEC filings. That works out to approximately 69.3 million shares in Sprint Nextel, as well as $46.3 million in cash, in exchange for its estimated 54.7 million Nextel shares.

  1. Jesse Kopelman Tuesday, August 23, 2005

    My qustion is how much did Motorola spend (i.e. free equipment given) to acquire this equity? It may have been far more than $780M.

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