States sue to stop $26.5 billion Sprint-T-Mobile deal - News Summed Up

States sue to stop $26.5 billion Sprint-T-Mobile deal


A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm. Other attorneys general joining Tuesday's lawsuit are from Colorado, Connecticut, the District of Columbia, Maryland, Michigan, Mississippi, Virginia and Wisconsin. All 10 attorneys general are Democrats. The lawsuit is an unusual step by state officials ahead of a decision by federal antitrust authorities. She added the attorneys general will "continue to litigate whether the DOJ approves the merger or not."


Source: ABC News June 11, 2019 16:14 UTC



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