MetroPCS amends agreement to combine with T-Mobile USA

Monday 15 April 2013 | 19:26 CET | News
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MetroPCS Communications has announced that the MetroPCS board of directors unanimously approved, and the company has entered into, an amendment, which amends certain terms of the business combination agreement, dated 3 October 2012 with, among others, Deutsche Telekom, to combine MetroPCS and T-Mobile USA. Under the revised agreement, MetroPCS stockholders will continue to receive an immediate USD 1.5 billion aggregate cash payment, or approximately USD 4.06 per share, as well as an approximate 26 percent ownership stake in the combined company that allows all MetroPCS stockholders to

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Categories: Mobile & Wireless
Companies: Deutsche Telekom / MetroPCS / T-Mobile USA
Countries: United States
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