T. Mobile-Sprint’s $26 billion deal favored by judge expected to be approved by judge
T. Mobile’s $26 billion tie-up with Sprint is expected to win a blessing from a federal judge as early as Tuesday, Fox Business has confirmed.
T. Mobile’s $26 billion tie-up with Sprint is expected to win a blessing from a federal judge as early as Tuesday, Fox Business has confirmed.
Both stocks soared in extended trading on Monday, with Sprint rallying over 71 percent, after closing lower in the regular session after investors speculated the deal would face roadblocks from the state attorneys general suing to block the deal on the grounds it would lead to higher costs for consumers.
The judge has alerted parties of the ruling and will make it public, likely after the close of trading on Tuesday, according to sources familiar with the developments. Click here for more.
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