French telecom company Iliad today announced their intention to pull their second offer for the acquisition of T-Mobile from parent company Deutsche Telecom
Sprint and T-Mobile Tentatively Agree to $32 Billion Deal
Once again, the T-Mobile and Sprint deal continues to move forward now that we have an actual purchase price. The Wall Street Journal is reporting that the general terms of the deal between Sprint and T-Mobile have been worked out and that the two companies have agreed to a $32 billion sale of T-Mobile, which actually seems a bit low when you consider that T-Mobile’s current market cap is $27 billion and they are getting a mere 20% premium over their current price. This deal has gotten a lot of regulatory flak before it ever happened and will likely continue to as the two companies try
