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With LEAP trading above AT&T's $15 offer, Wall Street expects another bidder

0. phoneArena posted on 13 Jul 2013, 00:22

We have to credit Macquarie Capital analyst Kevin Smithen for correctly picking LEAP Wireless as the next target in the wireless industry; the only thing is Smithen had the wrong suitor, saying that LEAP would be a good fit for Dish Networks or T-Mobile. Instead, AT&T announced that it would buy LEAP for $15, or about twice what the company's stock has been trading for...

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posted on 13 Jul 2013, 00:26

1. kozza3 (Posts: 715; Member since: 17 Oct 2012)

fiat currency works in funny ways

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