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Will Sprint Turn Korean?

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If a pin drops in Korea, does it make a sound? Just a short time ago, CNBC's David Faber just reported on "Street Signs" that South Korea Telecom is in talks to acquire Sprint. Apparently the deal is being backed, and most likely promoted, by private entity firms.
The bid is being presented as a friendly acquisition but the Sprint board is divided on the sale, Faber reported. Any announcement is probably weeks away. Unless, of course, Faber's hand forces the parties to start talking publicly.