Tag Archives: reverse merger

MetroPCS Board To Hold T-Mobile USA Merger Vote On March 28th

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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 MetroPCS/T-Mobile USA merger. The deal continues to receive regulatory scrutiny as it goes through the FCC and DOJ review process, but will also require the approval of MetroPCS shareholders. The deal has received some negative … [read full article]

Breaking: T-Mobile, MetroPCS Merger Agreement Reached, Combined Company Will Stay T-Mobile

In a move that isn’t going to come as much of a surprise after both companies confirmed the talks, both boards have approved a $1.5 billion dollar deal. The combined company will be called T-Mobile and run by newly installed T-Mobile Chief Executive John Legere. The deal itself will be structured as a “reverse merger,” meaning that MetroPCS will in effect take on its larger rival. Such a move allows T-Mobile to become a publicly traded … [read full article]