Sprint shares drop on report that Softbank is calling off talks with T-Mobile

Sprint shares drop on report that Softbank is calling off talks with T-Mobile

6 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/10/30/sprint-shares-drop-more-than-5-percent-on-report-that-softbank-is-calling-off-talks-with-t-mobile.html

The merger negotiations to combine Sprint and T-Mobile are in jeopardy, according to a Nikkei report Monday.

"SoftBank Group plans to break off negotiations on a merger between subsidiary Sprint and T-Mobile US amid a failure to agree on ownership of the combined entity," the Japanese financial news agency said.