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From Bloomberg News
The letter S will have a new meaning at the New York Stock Exchange.
Sprint Corp. will adopt the letter as its ticker symbol after buying Nextel Communications Corp. for $36 billion, a transaction that stockholders of the mobile-phone companies approved Wednesday.
Sears, Roebuck & Co. surrendered the S symbol in March when Kmart Holding Corp. took it over. Sprint now trades under the symbol FON.
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