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Deutsche Telekom AG Considering New Metropcs Communications Inc Deal Terms-Reuters


Thursday, 4 Apr 2013 10:00am EDT 

Reuters reported that Deutsche Telekom AG is considering amending the terms of a proposed merger of its T-Mobile USA business and Metropcs Communications Inc ahead of a shareholder vote next week. Deutsche Telekom has not yet made a final decision on the new terms. MetroPCS agreed the deal in October but Deutsche Telekom is now being forced to find ways to charm MetroPCS shareholders after activist investors holding about 12% of MetroPCS stock contested the terms. They are campaigning for others to help vote down the deal on April 12. Deutsche Telekom needs a simple majority of shareholders for the deal to pass. 

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