MertroPCS mails out letter requesting that stockholders vote for merger
0. phoneArena 12 Mar 2013, 09:13 posted on
With a shareholder vote on the merger looming next month, MetroPCS has sent out a letter trying to get holders to vote for the merger and showing the benefits of the deal; MetroPCS holders will receive $4.06 a share in cash plus ownership of 26% of the remaining company with Deutsche Telekom receiving 74% as T-Mobile's parent...
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1. Galen20K (Posts: 515; Member since: 26 Dec 2008)
Honestly I think the deal is good for both companies, those two MetroPCS stockholders are just being Petty by standing against it. I don't think they're really against it, I think they just want more money.
2. richardyarrell2011 (banned) (Posts: 510; Member since: 16 Mar 2011)
The FCC signed off on this today so now shareholders you're holding up forward progress.