Tag Archives: shareholder

Largest MetroPCS Investor Reverses Tune, Comes Out In Support Of T-Mobile Merger

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 afternoon. “While Paulson needs to review the revised proxy statement before making a final decision, Paulson intends to vote for the merger as restructured,” … [read full article]

(Updated: MetroPCS Reschedules Vote To April 24th) Deutsche Telekom Submits “Best And Final” Offer To MetroPCS Shareholders

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 upon by Deutsche Telekom and MetroPCS to allow MetroPCS stockholders additional time to, subject to approval by the MetroPCS board of directors, consider a proposal from Deutsche Telekom to revise the business combination agreement, … [read full article]

WSJ: Deutsche Telekom Could Announce Improved T-Mobile Offer As Early As Today

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 the after” have told the publication Deutsche Telekom is reviewing a sweeter bid for MetroPCS. The improved terms of a new deal could be … [read full article]

Deutsche Telekom Monitoring Real-Time MetroPCS Voting While Deciding Whether To Increase Bid

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 deadline providing the T-Mobile USA parent company a chance to count the ballots as they come in. Given the opportunity to monitor real-time votes, … [read full article]

Deutsche Telekom Calls A “Take Back” On Statement Regarding Sweetening MetroPCS Offer

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” the deal to make sure the deals completes, comes a whole new statement.  It appears that Deutsche Telekom has finally settled on a statement and that statement is: “No comment.” Well, there’s really a little more … [read full article]

Deutsche Telekom Denies Reports They Will “Sweeten” MetroPCS Merger Terms

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 sweetening the deal to help get approval from Metro shareholders. … [read full article]

Advisory Firm Tells MetroPCS Shareholders Not To Vote For T-Mobile Deal

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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 PCS holders, therefore, is whether this offer is sufficient compensation for putting control of their investment in the hands of another strategic, … [read full article]

T-Mobile, MetroPCS Announce Future Board Of Directors For Combined Company

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 combined company upon completion of the proposed combination of MetroPCS and T-Mobile. This impressive and diverse group of individuals has … [read full article]

T-Mobile Issues Press Release Regarding FCC Approval Of MetroPCS Combination

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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 special meeting for MetroPCS shareholders to vote on the proposed combination. The upcoming vote on April 12th remains the last obstacle toward creating a “value leader in the United … [read full article]