Sprint, T-Mobile shares dive despite blockbuster merger announcement

Sprint, T-Mobile shares dive despite blockbuster merger announcement

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/04/30/sprint-t-mobile-dive-as-regulatory-uncertainty-outweighs-deal-news.html

Shares of Sprint and T-Mobile took a hit Monday after a blockbuster merger between the two telecom companies was announced over the weekend.

Some investors seem worried that the companies can overcome regulatory hurdles, while others may have been disappointed by the price tag, set at Friday's closing prices.