Sprint's (S -2.4%) 11th-hour decision to walk away from an $8B deal for MetroPCS (PCS -0.4%)...


Sprint's (S -2.4%) 11th-hour decision to walk away from an $8B deal for MetroPCS (PCS -0.4%) prompts questions about its leadership and who's calling the shots. A deal "which may have cut equity holders’ stakes in half to get larger in the prepaid business seems a bit incongruent with the strategic direction,” Nomura says. As for PCS, other suitors could present themselves in the near future.

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