US mobile giant Sprint Nextel has reportedly pulled out of a deal to acquire Texas-based cellco MetroPCS Communications, two people with knowledge of the matter told Bloomberg. The transaction, which would have valued MetroPCS at around USD8 billion, was rejected by Sprint’s board last week, sparking widespread speculation over the future of CEO Dan Hesse, who spearheaded the mooted takeover
Excerpt from:
OVETEL Sprint pulls out of secret MetroPCS deal at the eleventh hour
No comments:
Post a Comment