T-Mobile and Sprint are in active talks about a merger, according to people close to the situation.
Both companies and their parents, Deutsche Telekom and Softbank, have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent
Deutsche Telekom would emerge as the majority owner. People close to the situation stress that negotiators are still weeks away from finalizing a deal and believe the chances of reaching an agreement are not assured. The two sides have not yet set an exchange ratio for a deal, but are currently engaged in talks to hammer out a term sheet.
Submitted September 19, 2017 at 12:28PM by ChocolateTsar http://ift.tt/2hfEQfZ
