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Sprint to sell EarthLink shares

Sprint announced an underwritten public offering of 16 million shares of its Earthlink common stock. The EarthLink shares were priced at $12.50 per share. Previously, EarthLink and Sprint agreed to end their exclusive alliance and to terminate Sprint’s right to buy the ISP.

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--Amalia Parthenios, staff writer

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© 2012 Penton Media Inc.

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