Sunday, April 29, 2018

Business: T-Mobile, Sprint Boards Approve Tie-Up

The boards of Sprint and T-Mobile have agreed to an all-stock merger that, if allowed by antitrust enforcers, would leave the U.S. wireless market dominated by three national players.
It is the third time in recent years that the two rivals have attempted the combination, which could be announced as soon as Sunday, according to people familiar with the matter. But the leaders of both companies are determined to close a deal, if only because their prospects going it alone grow dimmer by the year.

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