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AAPL Stock: 431.77 ( -0.23 )

http://www.macnn.com/articles/00/05/09/sprint.earthlink/

Sprint Earthlink investment

updated 08:15 am EDT, Tue May 9, 2000

 
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Earthlink today announced that Sprint has purchased an additional 26 million shares of the company for $431 million ($16.58/share), increasing Sprint's stake in the company from 14.1 percent to 26.7 percent. In January, Apple announced a $200 million investment in Earthlink; since then, Earthlink's stock price has fallen nearly 50 percent.


by MacNN Staff

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