Paulson & Co, MetroPCS's (PCS) largest shareholder with a 9.9% stake, will vote against the...

|By:, SA News Editor

Paulson & Co, MetroPCS's (PCS) largest shareholder with a 9.9% stake, will vote against the carrier's merger with T-Mobile USA, as the combined company would have "too much debt at too high an interest rate to be competitive." Paulson would change its mind if the debt and interest rate were lowered, and if MetroPCS investors received added cash and a higher share exchange ratio.