Listen to this story
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThis audio file is brought to you by 
0:00
0:00
Loading audio file, please wait.
Indianapolis-based Bell Industries Inc. has agreed to sell some of its assets to Sprint Nextel Corp. for about $13.5 million in cash.
The assets being sold represent stock ownership in certain wireless communications bandwidths that Bell acquired as part of its purchase of Jackson, Miss.-based SkyTel Corp., a wireless data and messaging company, in January for $30 million.
The deal is expected to close within three months.
Please enable JavaScript to view this content.
Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.