Tag Archives: shareholders

As Opponents Score Wins, Analyst Says T-Mobile/MetroPCS Deal Won’t Complete Under Current Conditions

Opposition to T-Mobile’s proposed merger with MetroPCS gained traction last week as two separate shareholder advisory firms came out against the deal. Now, P. Schoenfeld Asset Management, one of the loudest opponents of the deal is using the swing momentum by scheduling a webcast for April 4th to explain its position. Two of the most highly respected corporate governance advisory firms have now come out against the merger,” P. Schoenfeld Asset Management said … [read full article]

MetroPCS Reminds Shareholders T-Mobile Is The Only Possible Buyer With New Letter

metropcs

MetroPCS reiterated its plea to shareholders this morning in a new letter sent through the mail to approve the merger with T-Mobile as no other rival bids have arrived. “No other bidders have emerged in the five months since the proposed combination was announced,” the company said today in a statement. “The proposed combination is the best alternative for MetroPCS to maximize stockholder value.” MetroPCS shareholders are scheduled to vote on … [read full article]