T-Mobile’s acquisition of Sprint increases in value thanks to amended deal

//T-Mobile’s acquisition of Sprint increases in value thanks to amended deal

T-Mobile’s acquisition of Sprint increases in value thanks to amended deal

Bellevue-based T-Mobile has revealed an amended deal to acquire Sprint in its effort to create a mega-telecom to take on wireless giants Verizon and AT&T.  The deal, outlined late last week, calls for an exchange ratio of about 11 Sprint shares for each T-Mobile share following the closing of the merger. That’s an increase from the original 9.75 Sprint shares for every T-Mobile share.  The amended deal comes after Softbank Group Corp., which owns long-struggling Sprint, agreed to surrender…

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By | 2020-02-25T12:50:26+00:00 February 25th, 2020|Technology|

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