Friday, July 12, 2013

Reuters: Global Markets: Leap Wireless shares double, surpass AT&T's offer price

Reuters: Global Markets
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Leap Wireless shares double, surpass AT&T's offer price
Jul 12th 2013, 21:54

Fri Jul 12, 2013 5:54pm EDT

(Reuters) - Shares in Leap Wireless (LEAP.O) more than doubled on Friday, surpassing the $15-a-share that AT&T Inc is offering to pay to take over the prepaid wireless provider.

The stock was at $16.70 in active extended trading, versus a close of $7.98 on the Nasdaq.

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