Shareholder advisory firm ISS comes out against T-Mobile USA's (DTEGY.PK) merger with Metro PCS...
Shareholder advisory firm ISS comes out against T-Mobile USA's (DTEGY.PK) merger with Metro PCS (PCS +3.3%), agreeing with those "greedy hedge funds" who argue MetroPCS shareholders deserve better terms. Analysts now expect a sweetened bid, and David Faber reports "there does seem to be a line of thinking at Deutsche Telekom (DTEGY.PK), about whether they should raise their offer." However, he adds "sources close to D-Tel are genuine when telling me Germans are unsure whether to try to save [the MetroPCS] deal."
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