Sprint, T-Mobile shares dive after WSJ casts doubt on deal - News Summed Up

Sprint, T-Mobile shares dive after WSJ casts doubt on deal


NEW YORK - Sprint and T-Mobile shares fell after a Wall Street Journal report cast doubt on the likelihood of government approval of the companies’ $26.5 billion merger . Sprint and T-Mobile shares are falling after a Wall Street Journal report cast doubt on the likelihood of government approval of their $26.5 billion merger. ( Jose Luis Magana, File / AP Photo )At one point, Sprint shares fell more than 9 per cent in after-hours trading. Wall Street has grown more skeptical of the merger being completed in recent months. T-Mobile and Sprint did not immediately answer messages.


Source: thestar April 16, 2019 21:56 UTC



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