Please ensure Javascript is enabled for purposes of website accessibility

Sprint's Latest Unexpected Twist

By Caroline Bennett - Apr 22, 2013 at 10:48AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Get your buyout rumors straight.

A telecom giant had some surprising investment news last week. It was expected that a majority of Sprint (S) would soon be bought out by Japan's SoftBank, while Sprint would potentially buy out smaller company Clearwire. But just like a soap opera, a huge plot twist might be in the works, with two surprising new players: DISH Network (DISH 1.17%) and Verizon (VZ 0.65%). The companies have made plans to buy out both Sprint and Clearwire, respectively.

Clearwire, Sprint, and Verizon stock have all enjoyed a boost in price since the news broke, but what does this really mean for investors looking to buy stocks? Fool contributor Caroline Bennett examines the situation, and tells investors whether Sprint shareholders should be excited -- or apprehensive -- about this turn of events.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Sprint Corporation Stock Quote
Sprint Corporation
Verizon Communications Inc. Stock Quote
Verizon Communications Inc.
$49.42 (0.65%) $0.32
DISH Network Corporation Stock Quote
DISH Network Corporation
$20.75 (1.17%) $0.24

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/20/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.