Justice Department staff opposes T-Mobile-Sprint deal [MSN Money]
T-Mobile US, Inc. (TMUS)
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Source: MSN Money
Justice Department staff recommends blocking T-Mobile-Sprint deal The U.S. Justice Departmt's antitrust division staff has recommded the agcy block T-Mobile US Inc's $6 billion acquisition of smaller rival Sprint Corp, according to two sourc familiar with the matter. Load Error While Justice Departmt staff balked at the merger, the Federal Communications Commission indicated on Monday it had reached an agreemt in principle with the compani to allow the deal after the compani agreed to sell Sprint's prepaid brand Boost Mobile. The final decision on whether to allow two of the four nationwide wirels carriers to merge now li with political appointe at the departmt, headed by antitrust division chief Makan Delrahim. The stocks of both compani fell Wednday. The Justice Departmt, which oft follows staff recommdations, is expected to make a final decision in about a month, the sourc said. Staff at the antitrust division, who remain in their jobs ev wh administrations change, have long be ske
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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