The all stock deal based on Friday's closing prices of $6.50 and $64.52 respectively, the companies said, with 0.10256 T-Mobile shares for each Sprint share, which translates to the equivalent of 9.75 Sprint shares for each T-Mobile US share. The ratio values Sprint at $6.62 each ."
Why is the stock based on closing prices of $6.50, but the ratio is valuing Sprint at $6.62 each? Is T-Mobile paying a premium?
Submitted December 03, 2018 at 10:59AM by isd94 https://ift.tt/2Qay7bD
