Bloomberg is reporting that MetroPCS shareholders have spoken, and the deal has received their blessing. The vote marked the last in a series of steps both companies were going through in order to finalize the combination of … [read full article]
Just a quick reminder for everyone out there that tomorrow marks D-Day for the T-Mobile USA/MetroPCS merger. Widely expected to go through after Deutsche Telekom upped the offer, MetroPCS shareholders will begin voting at 8am Central Time tomorrow. Results are expected later in the day and I expect we’ll … [read full article]
The revamped MetroPCS deal with T-Mobile has gained another round of support as the two proxy advisory firms originally opposed to the transaction, now endorse the deal. Institutional Shareholder Services Inc. and Glass, Lewis & Co have reversed their earlier positions recommending against the merger according to a statement provided by MetroPCS yesterday. … [read full article]
In a completely unsurprising move, the MetroPCS board of directors has announced that they unanimously support Deutsche Telekom’s new merger offer. Deutsche Telekom improved their offer just two days before MetroPCS shareholders were set to vote on the original terms this past Friday. [read full article]
Well, you can forget any possibility that Dish and T-Mobile will look partner up in the near future as Dish surprises with a counter offer to buy Sprint. Sprint tabled an unsolicited offer for Sprint Nextel in a challenger bid to … [read full article]
Round and round the merger talk goes, where she’ll stop nobody knows as a new report out of Bloomberg said Dish Networks approached Deutsche Telekom about possible T-Mobile USA merger. According to the report, Dish made their proposal sometime before April 10th and [read full article]
Paulson & Co., MetroPCS’ largest shareholder and the loudest voice of opposition against the T-Mobile deal has changed their tune after the revised terms issued by Deutsche Telekom late yesterday … [read full article]
Update: A new MetroPCS press release just hit the wires announcing the company has decided to push back the date of the shareholder vote to April 24th. The decision to postpone the Special Meeting was mutually agreed … [read full article]
On the heels of this mornings report that Deutsche Telekom was watching the real-time voting results from MetroPCS shareholders comes a new report via the Wall Street Journal. The Journal is reporting that “people familiar with … [read full article]
The MetroPCS merger vote is less than 48 hours away, but that doesn’t mean Deutsche Telekom isn’t monitoring real-time proxy documents as they come in ahead of the scheduled vote. MetroPCS shareholders unable to attend the meeting are sending in their proxy documents ahead of the April 12th … [read full article]
