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More on the vetoed Sprint/MetroPCS deal: Sprint was reportedly offering a premium of 30% to...

More 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%.
Comments (1)
  • AnarchyAT
    , contributor
    Comments (58) | Send Message
     
    And this is why I want to offload my shares as soon as possible...
    26 Feb 2012, 08:58 AM Reply Like
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