Also. . .

* Sprint Corp. agreed to acquire People’s Choice TV Corp., a wireless cable company, for $103 million. The wireless licenses controlled by People’s Choice would allow Sprint, the No. 3 U.S. long-distance company, to reach customers’ homes or businesses directly without going through Baby Bells’ local phone networks. Sprint said it will pay $8 a share for People’s Choice, a 30% premium over Friday’s closing stock price. Shares of People’s Choice jumped $1.25 to close at $7.38 in over-the-counter trading. Shares of Sprint rose $5.38 to $114.13 on the NYSE.