WASHINGTON, March 25 (Reuters) - FMR Corp., parent to
Fidelity Management & Research Co., investment adviser to
Fidelity Funds, said Thursday it holds 14,034,982 class A
common shares, or 5.193 percent, of Nextel Communications Inc.
FMR disclosed its stake in the McLean, Va.-based company in
a 13G filing with the Securities and Exchange Commission,
usually made by institutions and large investors with passive
investment objectives in a company.
Unlike 13D filings, 13Gs do not provide information on
transactions such as when securities were bought or sold nor at
what price.
Nextel is trading up $0.625 to $32.875 on Nasdaq.
Copyright 1999, Reuters News Service |
