Sprint and Nextel expect to close merger on Friday

Aug 09 2005 - 02:36 PM ET | Nextel, Sprint Nextel
sprint-nextel-logo.jpgDespite a myriad of lawsuits attempting to stop the merger, Sprint and Nextel have announced that the deal is expected to be completed on Friday. None of the suits has successfully won an injunction that could legally stop the merger. As of Friday, the two companies will be traded on the NYSE under the ticker S. Much like the Cingular / AT&T Wireless merger, it will take some time for retail stores to convert branding.