
Sprint and T-Mobile may
actually, finally (
no, really this time) be ready to announce a deal in which Sprint would take over its rival. According to reports from
Bloomberg and
Reuters, the carriers are nearing a deal where Sprint would buy T-Mobile for almost $40 per share, comprised of half stock and half cash. That's a total deal north of $32 billion, and a solid premium over the current price of T-Mobile, which has hovered around $34 per share ($27.5 billion valuation) recently.
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