Sprint shares drop on T-Mobile deal worry

Sprint shares drop on T-Mobile deal worry

6 years ago
Anonymous $CLwNLde341

https://www.reuters.com/article/us-sprint-corp-m-a-shares/sprint-shares-drop-on-t-mobile-deal-worry-idUSKBN1I11J4

Shares of Sprint Corp fell 13 percent on Monday after the telecom company agreed to a $26 billion all-stock deal with rival T-Mobile US Inc that faces antitrust hurdles and is seen as less favorable than an earlier offer, analysts said.

Sprint shares drop on T-Mobile deal worry

Apr 30, 2018, 3:24pm UTC
https://www.reuters.com/article/us-sprint-corp-m-a-shares/sprint-shares-drop-on-t-mobile-deal-worry-idUSKBN1I11J4 >Shares of Sprint Corp fell 13 percent on Monday after the telecom company agreed to a $26 billion all-stock deal with rival T-Mobile US Inc that faces antitrust hurdles and is seen as less favorable than an earlier offer, analysts said.