April 9 - Associated Press - Investors traded heavily on news of mergers and acquisitions Monday, although most of the reports were based on rumors, with few confirmed deals.
Wireless technology company NextWave Wireless Inc. said it will pay $100 million for IPWireless Inc. The purchase price is comprised of $25 million in cash and $75 million in stock. NextWave could pay as much as $135 million more if IPWireless reaches revenue goals over the next two years. Read More.
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