T-Mobile’s CEO honest approach to the industry knows no bounds as he goes after the set of hedge funds hoping to block the MetroPCS/T-Mobile merger. When asked yesterday about the prospects of the deal closing in light of vocal opposition by Paulson & Co, along … [read full article]
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 … [read full article]
The T-Mobile, MetroPCS merger combination reverse-takeover has cleared its finally regulatory hurdle and now lands in the hands of MetroPCS shareholders. The last piece of regulatory blessing came from the Committee on Foreign Investment in the United States indicating there are no unresolved security concerns. On March 20, 2013, the Committee on Foreign Investment in the United States … [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]
A late Tuesday evening press release from MetroPCS announced the waiting period for the Hart-Scott-Rodino act had expired. The waiting period offers regulatory agencies the opportunity to delay the merger between MetroPCS and T-Mobile by having the companies continue to answer questions surrounding the proposed combination. The HSR Antitrust Improvement Act … [read full article]
With a special announcement on their investor website, MetroPCS announced that it would move the special meeting of their stockholders to vote on the “proposed combination of MetroPCS with T-Mobile USA, Inc.” According to the statement, the date of the special meeting was changed to … [read full article]
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 … [read full article]
While March 14th may be a big day for Android and Samsung owners the world over, it’s March 28th that will have the attention of proponents and detractors of the [read full article]
