Sprint, T-Mobile near terms for summer merger

[CK SatGuy]

CNBC reports:

Sprint and T-Mobile are close to setting terms for a summertime merger that would be worth about $50 billion, including debt, Dow Jones reported Wednesday afternoon, citing sources.

The breakup fee would come in above $1 billion, and the purchase price would total about $40 a share, according to the report.

The proposed deal would comprise 50 percent stock and 50 percent cash for T-Mobile, leaving Deutsche Telekom with about 15 percent of the combined company, Reuters reported, citing Bloomberg.

http://www.cnbc.com/id/101728449

 

[dishfan82]

I've read That Ledger will be the CEO which is good because of his bold changes.


Sent from my iPhone using Tapatalk

 

[Bodo Fenrirsson]

Oh no,this is the end end of the world as we know it. It'll mean LESS competition(what do I care,I don't have a cell phone. I just want to play "Chicken Little" every time a merger is announced).

 

[whitewolf8214]

Sprint may give way to T-Mobile brand if merger goes through, break-up fee possibly much higher http://www.phonearena.com/news/Spri...ugh-break-up-fee-possibly-much-higher_id57133

 

[Bodo Fenrirsson]

Oh no,this is the end end of the world as we know it. It'll mean LESS competition(what do I care,I don't have a cell phone. I just want to play "Chicken Little" every time a merger is announced).

Sprint may give way to T-Mobile brand if merger goes through, break-up fee possibly much higher http://www.phonearena.com/news/Spri...ugh-break-up-fee-possibly-much-higher_id57133

 

[dishfan82]

Sprint would be very stupid to keep their name over the t-mobile name. T-mobile is a better name.


Sent from my iPhone using Tapatalk

 

[whitewolf8214]

Sprint, T-Mobile merger not expected before September: sources http://finance.yahoo.com/news/sprint-t-mobile-merger-not-181252564.html

 

[iceturkee]

sprint withdrew its plans to merge with tmobile on wednesday. numerous mentions online.

 

[whitewolf8214]

Softbank Knows It Needs More Than Sprint, but It Had Better Act Fast http://www.fool.com/investing/gener...nows-it-needs-more-than-sprint-but-it-ha.aspx