Deutsche Telekom (DTEGY.PK) is "reviewing a sweeter bid" for MetroPCS (PCS +3.8%) and could...

|About: Deutsche Telekom AG ADR (DTEGY)|By:, SA News Editor

Deutsche Telekom (DTEGY.PK) is "reviewing a sweeter bid" for MetroPCS (PCS +3.8%) and could announce the terms as soon as today, the WSJ reports. Many have been expecting a higher offer to arrive since shareholder advisory firm ISS joined Paulson & Co and disgruntled MetroPCS shareholders in opposing the current deal. Bloomberg notes DT is able to monitor shareholder voting in real-time, giving it a chance to adjust its offer if it looks like the current bid will fail. (previous)