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DOJ likely to block T-Mobile, Sprint deal


Reuters


April 16 (Reuters) - The U.S. Department of Justice staffers have told T-Mobile US Inc and Sprint Corp that their $26 billion merger is unlikely to be approved as currently structured, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Sprint, DOJ and T-Mobile did not immediately respond to a Reuters request for comment.

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April 16 (Reuters) - The U.S. Department of Justice staffers have told T-Mobile US Inc and Sprint Corp that their $26 billion merger is unlikely to be approved as currently structured, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Sprint, DOJ and T-Mobile did not immediately respond to a Reuters request for comment.






This article appears in: World Markets , Stocks , Economy




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