- Oct. 30: The Nikkei Asian Review reported that Sprint's (S) parent company, SoftBank, plans to end merger talks between Sprint and T-Mobile US (TMUS). The two wireless names moved sharply lower following the report, but pared some of their losses after CNBC's David Faber said parts of the report were untrue.
- Nov. 4: Sprint announced that discussions regarding a potential merger with T-Mobile (TMUS) have ended without an agreement being reached.
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Monday, October 30, 2017
=Sprint (S) and T-Mobile US (TMUS) : merger talks end
Labels:
big drops,
mergers & acquisitions,
S,
TMUS
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