HALISTER: T-Mobile Preparing Merger With Sprint, Handelsblatt Reports

T-Mobile Preparing Merger With Sprint, Handelsblatt Reports

(Bloomberg) -- Sale of Deutsche Telekom’s US subsiadiary now off the table, Handelsblatt reports citing unidentified management officials.
  • Telekom would continue managing merged co
  • Supervisory board still has to officially decide on merger
  • Telekom managers confident merger will be approved by U.S. authorities
  • NOTE: June 5, In T-Mobile-Sprint Talks, All-Stock Option Said to Emerge
  • NOTE: June 19, Moody’s said potential Sprint/T-Mobile merger was financially compelling

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
DTE GR (Deutsche Telekom AG)
S US (Sprint Corp)
TMUS US (T-Mobile US Inc)

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