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More on the vetoed Sprint/MetroPCS deal: Sprint was reportedly offering a premium of 30% to...
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Friday, February 24, 2012, 6:35 PM ETMore on the vetoed Sprint/MetroPCS deal: Sprint was reportedly offering a premium of 30% to MetroPCS' Wednesday close of $10.28; shares jumped on Thursday following MetroPCS' Q4 report, and closed today at $12.01. Execs at both companies expected a deal to be announced by week's end, but Sprint's board shot down the proposal on Wednesday. PCS +7.9% AH. LEAP +5%. S +0.4%.
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