Sprint and T-Mobile Merger Approval, Said to Be Near, Could Undercut Challenge by States [telecom]

Jun 14, 2019 0 Replies
Sprint and T-Mobile Merger Approval, Said to Be Near, Could Undercut Challenge by States [telecom] open original image

Provisions set by the Justice Department, described by people familiar with the plan, could weaken a lawsuit that 10 attorneys general filed to try to block the $26 billion deal.



By Cecilia Kang



WASHINGTON - The Justice Department is moving closer to approving T-Mobile's $26 billion merger with Sprint, but only if the companies sell multiple assets to create a new wireless competitor, according to three people familiar with the plan.`



formatting link


Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required