Moody's: Sprint remains on review

Moody's Investors Service said it will continue the review of Sprint Nextel Corp.'s ratings but the direction is changed to uncertain following DISH Network Corp.'s $25.5 billion acquisition bid.

Sprint's ratings, including its B1 corporate family rating, were placed on review for upgrade on Oct. 15, when Sprint entered into a series of definitive agreements with Softbank Corp., where Sprint would sell a 70% stake to SoftBank for $20.1 billion.

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