text: Sprint, Nextel Detail Merger Agreement Sprint and Nextel formally announced a \$35 billion merger agreement Wednesday and gave details on how the corporate combination would affect employees and consumers. &lt;FONT face="verdana,MS Sans Serif,arial,helvetica" size="-2" color="#666666"&gt;&lt;B&gt;-The Washington Post&lt;/b&gt;&lt;/font&gt;