Sprint will buy Virgin Mobile USA for $483 millionBy Jeff Baker - 07/28/2009 4:13:13 PM |

Sprint has recently sent out a press release detailing their intentions to purchase Virgin Mobile USA. You’ll be familiar with Virgin Mobile as one of the nation’s premiere pre-paid carriers.
Anyways, the deal is apparantly set to go down for $483 million in addition to Sprint paying off +$250 million of Virgin Mobile’s debt.
There’s no word on what Sprint plans to do with the Virgin brand but we’ll find out soon enough.
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Tags: aquire, buyout, Sprint, virgin mobile usa

