Report: SoftBank, Deutsche Tel look to resolve merger differences


SoftBank (SFTBF) and Deutsche Telekom (DTEGF) are attempting to resolve obstacles to Sprint's (S) possible acquisition of the German carrier's 67% holding in T-Mobile USA (TMUS), Bloomberg reports.

Such obstacles include much cash and stock SoftBank will pay - Deutsche Telekom wants the whole deal to be in cash - how Sprint and T-Mobile would be integrated, and the size of a break-up fee.

Softbank is looking to borrow $20B to finance the deal, which could value T-Mobile at $31B vs its market capitalization of $26B. Sprint would take on the debt.

More Sprint / T-Mobile deal.

From other sites
Comments (9)
  • Adaminatree
    , contributor
    Comments (17) | Send Message
     
    I'm betting it hits $30 by summer.
    19 Jan 2014, 02:00 AM Reply Like
  • Adaminatree
    , contributor
    Comments (17) | Send Message
     
    The above comment was meant for BofA stock.
    19 Jan 2014, 02:02 AM Reply Like
  • darius_joplin
    , contributor
    Comments (15) | Send Message
     
    I'm confused about your comment. Where does the article mention BofA?
    19 Jan 2014, 03:01 AM Reply Like
  • thesahibzada
    , contributor
    Comments (747) | Send Message
     
    Adaminatree, there is a edit option i think to delete the comment
    19 Jan 2014, 03:01 AM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (10208) | Send Message
     
    We would support a deal over $38. This will take a long time and require great success with the regulators.
    19 Jan 2014, 11:55 AM Reply Like
  • thesahibzada
    , contributor
    Comments (747) | Send Message
     
    Yes over $38 (which implies the projected $31.00b market cap I read about earlier today) and I think Dish will jump in over $40 lol and due to the competitive nature of Dish as seen in the past with clearwire, I think this deal will not take a long time. A bidding war is about to start and usually those end fairly fast from what I have seen in the last couple years trading tech. stocks.

     

    Any idea where the war might end.... Im thinking north of $40 somewhere.

     

    Disclosure: I am long S, TMUS, T, CALL and may or may not open new positions in the next 72 hours.
    19 Jan 2014, 07:04 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (10208) | Send Message
     
    North of $40 somewhere.
    20 Jan 2014, 07:23 AM Reply Like
  • luvhotchic
    , contributor
    Comments (2) | Send Message
     
    The Sprint stock is going to 50 bucks so grab as much share you want for your future wealth built up.
    20 Jan 2014, 08:33 AM Reply Like
  • thesahibzada
    , contributor
    Comments (747) | Send Message
     
    I concur but Im not sure its $50 in the future...

     

    It is a cheap stock though and a solid brand.
    23 Jan 2014, 02:47 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs