How a trader cashed in on the T-Mobile/Sprint merger talks

How a trader cashed in on the T-Mobile/Sprint merger talks

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnbc.com/2017/09/19/how-a-trader-cashed-in-on-the-t-mobilesprint-merger-talks.html

T-Mobile shares rallied more than 4 percent Tuesday after CNBC's David Faber reported that the telecom giant and Sprint were in advanced merger talks.

"This was a name that was long rumored [to be in] deal talks with Sprint," Dan Nathan of RiskReversal.com told CNBC's "Fast Money" on Monday. The rumor sent the options market into a frenzy this week, with one trader cashing in on Tuesday's report.