Verizon Enters Mobile Gaming and 2 Telecom Stocks Seeing Action

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

MetroPCS Communications (NYSE:PCS): The company’s shareholder, P. Schoenfeld Asset Management LP, again made a challenge to the wireless carrier regarding various issues concerning its proposed merger with Deutsche Telekom AG’s T-Mobile USA, which continues a protracted back and forth between the firms ahead of MetroPCS’s upcoming shareholder meeting. PSAM has been one of the deal’s most vocal critics, and it said it read MetroPCS’s latest letter with “significant frustration and confusion,” adding that while MetroPCS accused it of distracting from other matters at hand. Furthermore, its agenda is to realize the greatest value possible for all of the company’s shareholders.

NEW! Discover a new stock idea each week for less than the cost of 1 trade.CLICK HERE for your Weekly Stock Cheat Sheets NOW!

PCS

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business