U.S. Justice Department may sue to block Sprint, T-Mobile merger: report [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
U.S. Justice Department may sue to block Sprint, T-Mobile merger: report The U.S. Justice Department would sue to block the merger of T-Mobile US Inc. and Sprint Corp. if the parties do not settle next week, CNBC reported on Thursday, citing sources. T-Mobile and Sprint did not immediately respond to Reuters requests for comment. The Justice Department declined to comment. In June, a group of U.S. state attorneys general filed suit to block the merger, arguing that the deal would cost consumers more than US$4.5-billion annually. Story continues below advertisement To win over the Justice Department, which is not involved in the lawsuit, T-Mobile and Sprint have agreed to a series of deal concessions, including selling the prepaid brand Boost. The companies have been in talks for weeks to sell Boost to Dish Network Corp but are haggling over issues such as restrictions over who can buy the divested assets if they are sold in the future, with T-Mobile and Deutsche Telekom seeking to pre
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TMUS
Earnings
- 1/25/24 - Miss
TMUS
Sec Filings
- 4/16/24 - Form 4
- 4/11/24 - Form 4
- 4/9/24 - Form 4
- TMUS's page on the SEC website