REFILE-Glass Lewis urges MetroPCS holders vote down T-Mobile USA deal

Fri Mar 29, 2013 12:48am EDT

NEW YORK, March 29 (Reuters) - Proxy advisory firm Glass Lewis on Friday became the second firm to tell MetroPCS Communications Inc shareholders to vote against its proposed merger with T-Mobile USA, adding pressure on Deutsche Telekom AG to offer a sweeter deal.

The advisory follows a recommendation by larger proxy firm ISS late on Wednesday night that shareholders should vote against the deal with T-Mobile USA, the U.S. business of Deutsche Telekom. A smaller advisory firm Egan Jones had recommended its clients vote in favor of the transaction.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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