Paulson & Co., MetroPCS’ largest shareholder and the loudest voice of opposition against the T-Mobile deal has changed their tune after the revised terms issued by Deutsche Telekom late yesterday … [read full article]
Update: A new MetroPCS press release just hit the wires announcing the company has decided to push back the date of the shareholder vote to April 24th. The decision to postpone the Special Meeting was mutually agreed … [read full article]
On the heels of this mornings report that Deutsche Telekom was watching the real-time voting results from MetroPCS shareholders comes a new report via the Wall Street Journal. The Journal is reporting that “people familiar with … [read full article]
The MetroPCS merger vote is less than 48 hours away, but that doesn’t mean Deutsche Telekom isn’t monitoring real-time proxy documents as they come in ahead of the scheduled vote. MetroPCS shareholders unable to attend the meeting are sending in their proxy documents ahead of the April 12th … [read full article]
Here we go again as a brand new day yields yet another turn of events in the ongoing saga that is becoming the T-Mobile/MetroPCS merger. With a statement denying reports that Deutsche Telekom was considering “sweetening” … [read full article]
In response to a Reuters report this morning (that I was in the middle of typing up as this new report came out) Deutsche Telekom denies that they will sweeten the deal with MetroPCS. “We are not considering changing the terms of the proposed merger,” DT spokesman Philipp Kornstaedt told FierceWireless. The Reuters report had cited two unnamed sources that DT is considering … [read full article]
Things are looking a little bleaker for the MetroPCS/T-Mobile merger as Institutional Shareholder Services Inc has come out in opposition of the merger. ISS, an investor-advisory firm helping companies manage large investments released a report suggesting MetroPCS shareholders can get a better deal from another company. “The ultimate question for … [read full article]
With a short press release last night, T-Mobile USA, Deutsche Telekom and MetroPCS announced the future Board of Directors for the combined company. Deutsche Telekom AG (XETRA: DTE; “Deutsche Telekom”), T-Mobile USA, Inc. (“T-Mobile”) and MetroPCS Communications, Inc. (NYSE: PCS; “MetroPCS”) today announced the members of the board of directors of the … [read full article]
With FCC approval now behind them, T-Mobile’s issued a new statement providing a current update on the proposed combination with MetroPCS. As the statement highlights, all that remains is a … [read full article]
Hot on the heels of reports that the FCC would approve the T-Mobile merger at the bureau level and not a full vote — comes exactly that result. The flash just hit Bloomberg News, leaving any remaining obstacles to the merger to … [read full article]
