Enlarge / T-Mobile CEO John Legere (left) and then-Sprint CEO Marcelo Claure during an interview on the floor of the New York Stock Exchange on April 30, 2018. (credit: Getty Images | Bloomberg) T-Mobile US and Sprint are facing potential rejection of their proposed merger at the US Department of Justice. DOJ staffers "have told T-Mobile US and Sprint that their planned merger is unlikely to be approved as currently structured," The Wall Street Journal reported today, citing people familiar with the matter. "In a meeting earlier this month, Justice Department staff members laid out their concerns with the all-stock deal and questioned the companies' arguments that the combination would produce important efficiencies for the merged firm," the Journal wrote. Read 12 remaining paragraphs | Comments
T-mobile/sprint Merger Is In Danger Of Being Rejected By Doj
Jon Brodkin, Ars Technica
Tue, 04/16/2019 - 2:49pm
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