PCS in Play as Sprint Mulls Competing Bid, Says Bloomberg
Shares of MetroPCS (PCS) are in play following the company’s announcement yesterday it would merge with Deutsche Telekom‘s (DTEGY) T-Mobile USA unit, as Bloomberg’s Aaron Kirchfeld, Serena Saitto, and Scott Moritz this morning report that multiple unnamed sources tell them Sprint-Nextel (S) is willing to make a bid for the company to top Deutsche’s offer. The sources tell the authors Sprint has [...]
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