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MetroPCS (PCS) +2.5% AH after Deutsche Telekom (DTEGY.PK) submits what it calls its "best and...

MetroPCS (PCS) +2.5% AH after Deutsche Telekom (DTEGY.PK) submits what it calls its "best and final offer" for merging the prepaid carrier with T-Mobile USA. The new offer reduces the combined company's debt by $3.8B to $11.2B, cuts the interest rate on the debt by 50 bps, and extends the lockup on DT's stake in the company by 6 months to 18 months. The proposed ownership structure remains the same - DT would own 74% of the company, and MetroPCS shareholders 26%. (previous)
Comments (3)
  • Chris DeMuth Jr.
    , contributor
    Comments (4040) | Send Message
     
    Good. Small, tactical victory. But, I'll take it.
    11 Apr 2013, 03:15 PM Reply Like
  • saskolinko
    , contributor
    Comments (11) | Send Message
     
    What are Your in depth thoughts on this matter now?
    12 Apr 2013, 04:46 AM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4040) | Send Message
     
    Writing them up for an article now.
    12 Apr 2013, 06:13 AM Reply Like
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