4 Merger and Acquisitions Stock Stories for a Friday Read
MetroPCS Communications (NYSE:PCS): Current price $11.23
Knowledgeable sources said Thursday that Deutsche Telekom is checking into improving the terms of a proposed merger of its T-Mobile USA business with MetroPCS Communications, as a last resort though which win over shareholders prior to a vote on the deal next week. The board of the company is split over whether to sweeten the terms of the cash and share deal to gain approval at a MetroPCS shareholder vote on April 12 and is hoping it could still avert any change, according to the sources.
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