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Sprint shares plummet on T-Mobile deal worry

Monday, April 30, 2018 - 01:32

Shares of Sprint Corp (S.N) fell 13 percent on Monday after the telecom company agreed to a $26 billion all-stock deal with rival T-Mobile US Inc TMUS.N that faces antitrust hurdles and is seen as less favorable than an earlier offer, analysts said.

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Shares of Sprint Corp (S.N) fell 13 percent on Monday after the telecom company agreed to a $26 billion all-stock deal with rival T-Mobile US Inc TMUS.N that faces antitrust hurdles and is seen as less favorable than an earlier offer, analysts said.

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Sprint shares plummet on T-Mobile deal worry

Monday, April 30, 2018 - 01:32