Darren Arrowsmith's blog

Sprint and T-Mobile Merger: From the Desk of the Signature High Yield Team

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On February 11, 2020, a U.S. district judge ruled in favor of a $26 billion deal for Sprint Corp. to merge with T-Mobile, creating the third largest mobile carrier in the U.S. This announcement was unexpected, sending shares of Sprint up 77.50% and shares of T-Mobile up 11.78%.
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