Sprint, T-Mobile set to announce a $26 billion merger, sources say

Sprint, T-Mobile set to announce a $26 billion merger, sources say

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/04/27/t-mobile-sprint-merger-near-value-at-26-billion.html

T-Mobile is closing in on a deal to merge with Sprint that will value Sprint near its current market price of $6.50 per share, according to people familiar with the matter.

The $26 billion deal could be announced as soon as Sunday, said the people, who asked not to be named because the negotiations are private. No deal has been signed and talks could still fall apart, said the people. The sides have agreed on an exact exchange ratio, although that figure couldn't immediately be determined.