Tag Archives: paulson

Investor Sees T-Mobile As Takeover Target For Dish Network, Sprint

John Paulson, the billionaire hedge-fund manager and one-time opponent of the T-Mobile/MetroPCS rumor is now calling the new company a “likely takeover target” for Dish Network or Sprint. Paulson, who become a 2.3 percent shareholder in T-Mobile US when the company merged with MetroPCS will hold his stake in the company in anticipation of more consolidation in the industry. Paulson sent a letter to clients today, which was obtained by Bloomberg News … [read full article]

Largest MetroPCS Shareholder Confirms Vote Against T-Mobile Deal

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After a bit of wavering back and forth, MetroPCS’ largest shareholder, John Paulson officially voiced his opposition to the T-Mobile/MetroPCS merger. Paulson argues that any deal in its current form would saddle the new company with too much debt. Paulson’s firm holds a 9.9% stake in MetroPCS, making it the largest shareholder. “We believe MetroPCS is worth more as a stand-alone company,” the firm, founded by the billionaire hedge fund manager John … [read full article]