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Bloomberg Reports The Shareholders Have Spoken And “T-Metro” Is A Go

Bloomberg is reporting that MetroPCS shareholders have spoken, and the deal has received their blessing. The vote marked the last in a series of steps both companies were going through in order to finalize the combination of the two companies. With all regulatory approvals behind them, the deal is now free to close and add 9 million MetroPCS customers to the T-Mobile ranks. With the original vote pushed back after Deutsche … [read full article]

Public Service Announcement: MetroPCS Shareholders Vote On Proposed T-Mobile Merger Tomorrow

Just a quick reminder for everyone out there that tomorrow marks D-Day for the T-Mobile USA/MetroPCS merger. Widely expected to go through after Deutsche Telekom upped the offer, MetroPCS shareholders will begin voting at 8am Central Time tomorrow. Results are expected later in the day and I expect we’ll hear from both companies sometime tomorrow evening. Stay tuned for the final vote tomorrow! @dt_ir  

MetroPCS Announces Two Advisory Firms Now Support Merger With T-Mobile

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The revamped MetroPCS deal with T-Mobile has gained another round of support as the two proxy advisory firms originally opposed to the transaction, now endorse the deal. Institutional Shareholder Services Inc. and Glass, Lewis & Co have reversed their earlier positions recommending against the merger according to a statement provided by MetroPCS yesterday. “We are pleased that both ISS and Glass Lewis recognize the enhanced stockholder value and compelling benefits created by the amended terms of the … [read full article]

MetroPCS Board Announces Unanimous Support For New Deutsche Telekom Deal Terms

In a completely unsurprising move, the MetroPCS board of directors has announced that they unanimously support Deutsche Telekom’s new merger offer. Deutsche Telekom improved their offer just two days before MetroPCS shareholders were set to vote on the original terms this past Friday. DT amended their offer in fear that two of Metro’s largest shareholders had convinced a large enough block of voters to strike down the deal. The two loudest voices of objection, Paulson & … [read full article]

Dish Offers $25.5 Billion Counter-Offer To Softbank’s Sprint Takeover Plan

Well, you can forget any possibility that Dish and T-Mobile will look partner up in the near future as Dish surprises with a counter offer to buy Sprint. Sprint tabled an unsolicited offer for Sprint Nextel in a challenger bid to Japan’s Softbank Corp for control of the nation’s third-largest carrier. In the deal offered by Dish Network CEO Charlie Ergen, Sprint investors would get $7 per share, consisting of $4.76 in cash and stock … [read full article]

Dish Network Approached Deutsche Telekom About Possible Merger With T-Mobile USA

Round and round the merger talk goes, where she’ll stop nobody knows as a new report out of Bloomberg said Dish Networks approached Deutsche Telekom about possible T-Mobile USA merger. According to the report, Dish made their proposal sometime before April 10th and before Deutsche Telekom sweetened its offer for MetroPCS. According to “people familiar with the matter,” DT might … [read full article]

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,” the firm, founded by … [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, dated October 3, 2012, among … [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 announced as early as … [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 to it, as … [read full article]