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MetroPCS (PCS +3.4%) gains after Bloomberg reports the discount carrier is the frontrunner to...

MetroPCS (PCS +3.4%) gains after Bloomberg reports the discount carrier is the frontrunner to acquire subscribers and spectrum AT&T (T) and T-Mobile (DTEGY.PK) plan to divest in order to gain approval for their merger. Rival Leap Wireless (LEAP +3.8%) is also said to be in talks with AT&T, but MetroPCS has a stronger balance sheet. (previously)
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