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EarthLink to buy own shares from Sprint for $53 million

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EarthLink Inc. has agreed to purchase nine million shares of its common stock from Sprint Corp. for $53.1 million.

The purchase price is comparable to Earthlink’s Wednesday closing price of $5.89 a share, Earthlink said.

Click below to read this article at the MercuryNews.com website:

http://www.bayarea.com/mld/mercurynews/

MercuryNews.com is the region’s largest news and information Web site. We cover the entire Bay Area, ranging from Gilroy and Santa Cruz in the south to San Francisco in the north. On our site you can find the complete edition of the San Jose Mercury News, plus feature content from other local sources and the Bay Area’s best news, entertainment, sports, business, health, travel, and home information. We’re also home to the Bay Area’s largest classified section online, teaming with CareerBuilder and Cars.com to bring you access to a robust database of local ads and information. Thanks for visiting us — please come back often.

EarthLink to buy own shares from Sprint for $53 million
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About MercuryNews.com
MercuryNews.com is the region's largest news and information Web site. We cover the entire Bay Area, ranging from Gilroy and Santa Cruz in the south to San Francisco in the north. On our site you can find the complete edition of the San Jose Mercury News, plus feature content from other local sources and the Bay Area's best news, entertainment, sports, business, health, travel, and home information. We're also home to the Bay Area's largest classified section online, teaming with CareerBuilder and Cars.com to bring you access to a robust database of local ads and information. Thanks for visiting us -- please come back often. WebProNews Writer


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