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180 degree change for largest MetroPCS stock holder; hedge fund now supports deal after revision

0. phoneArena posted on 11 Apr 2013, 22:51

After Deutsche Bank's last minute revision of its deal to buy MetroPCS, the latter's largest stockholder has done a 180 degree change and says it will now support the merger; with a new stockholder vote scheduled for April 24th, Deutsche Telekom has lowered the amount pf debt that the survivng company will be saddled with by $3.8 billion...

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posted on 11 Apr 2013, 23:00 4

1. jcpwn2004 (Posts: 314; Member since: 18 Jan 2012)

this will be good for t-mobile, the only thing holding me back is coverage and picking up metro pcs should help.

posted on 11 Apr 2013, 23:37

2. k1ng617 (Posts: 264; Member since: 13 Oct 2009)

Agreed. I like this deal. Hope I'm not wrong!

posted on 12 Apr 2013, 15:13

5. alouden (unregistered)

I'm planning to pull the trigger. I too was waiting on this deal being finalized. Now all T mobile has to do is announce the GS3 with LTE.

posted on 12 Apr 2013, 00:48

3. Topcat488 (Posts: 1396; Member since: 29 Sep 2012)

After living in Germany for the past 25yrs, i can only say... Don't TRUST them at face value, and walk around the offer/deal a couple of times, to make sure you want it! Remember what Mercedes did to Chrysler... Why do you think that Germany is prospering at a time of economic recession, when the rest of Europe is not??? Here some workers are paid 1 euro an hour. That's about $1.30 an hour.

posted on 12 Apr 2013, 02:06

4. archangel9 (Posts: 233; Member since: 07 Feb 2010)

This is a win win for everybody and it's less pressure on the new company and more flexibility which means acquiring more spectrum

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