So we wrote earlier today about the runup in the Virgin Mobile USA (NYSE: VM) stock today. Though the company declined to give NYSE any reason for the stock jump, one reason could be expectations of a company sale, or least some part of it, to either a PE, institutional or hedge fund investor, or a strategic, our sources says. The company has been speaking to various parties for the last few months, after it became clear that that slowdown of the economy will further bring down the company’s growth and numbers. We’ll find out more about the numbers in Monday’s earnings.
Wondering if some of the previous entrepreneurs in the MVNO space (failed or otherwise) will rise and try and get into the mix? Don’t be surprised if they do…
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