Reuters (link below) has reported that the T-Mobile and Sprint are planning to extend the July 29 merger deadline.
Discussions are continuing, and while all sides remain optimistic they can find common ground, the WSJ report said.
Due to the delay in talks, T-Mobile and Sprint are planning to extend their merger agreement past its July 29 deadline, a source familiar with the matter told Reuters. It would be the second time for the companies to postpone the deadline.
T-Mobile and Sprint have agreed to a series of concessions – including the sale of Boost – in order to gain regulatory approval, but will still need a green light from the U.S. Department of Justice’s antitrust chief.
Read the entire article here
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