O2 (UK) billion (£2 per share) in cash. It went through finally in 2006. According to the merger announcement, O2 retained its name and continued to be based in the United Kingdom, keeping both the brand and the management team. The merger became unconditional on 23 January 2006. Following the acquisition of O2, Telefónica undertook a corporate organisational change that saw the merging of its fixed and mobile businesses in Spain, and the transfer of Telefónica's non-Spanish European telecommunications properties into the O2 brand. Thus, the Český Telecom and Eurotel operations in the Czech Republic as well as the Telefónica Deutschland business
Sovereign Communications Sovereign Communications Sovereign Communications, LLC is an American radio broadcasting company which owns 17 radio stations in the Upper Peninsula of Michigan, with offices in Sault Ste. Marie, Michigan. The company is owned and operated by William C. Gleich and Tim Sabean. After their February 2010 purchase of 11 stations from Northern Star Broadcasting, the company holds "something close to a local monopoly" on radio stations in the Sault Ste. Marie region. The transaction was publicly valued at $3,425,000 in cash. Several Northern Star employees (both on-air and in management) lost their jobs as a result of the purchase. As