T-Mobile US Inc. may not have to pay Sprint Corp. the deal's $600 million breakup fee if the merger fails to get regulatory approval, according to a clause in the wireless carriers' merger agreement. Written into the document is a loophole: T-Mobile (Nasdaq: TMUS) doesn't have to pay if Sprint’s (NYSE: S) credit rating drops below certain preset thresholds before the drop-dead date of July 27. According to the merger document filed with the Securities and Exchange Commission in April 2018,…

Topics:  t-mobile us inc   corp   written   t-mobile nasdaq   tmus    sprint s nyse   july   securities   exchange commission   april   s    sprint   breakup fee   merger   pay   document   

 

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