ISS tells MetroPCS shareholders to vote against T-Mobile deal
NEW YORK (Reuters) - Influential proxy advisory firm ISS recommended on Wednesday that shareholders of MetroPCS Communications Inc PCS.N vote against its proposed merger with T-Mobile USA, a unit of Deutsche Telekom (DTEGn.DE), potentially swaying some shareholders' votes in that direction.
U.S. regulators have given their blessing to the deal but it cannot close without approval from MetroPCS shareholders. ISS's advice came after T-Mobile USA Chief Executive John Legere said on Tuesday he expects shareholders to approve the deal.
(Reporting Edwin Chan; Reporting by Stephen Coates)
TOKYO - Asian shares slipped on Tuesday as a U.S. holiday robbed markets of momentum, while the euro hit a fresh one-year low on uncertainty over the European Central Bank's policy decision later this week.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.