Sprint Stock Buy Or Sell
Jun 6, 2018 at 8:02PM Sprint () has an agreed-upon with T-Mobile (): Under the terms, its shareholders will receive 0.10256 T-Mobile shares for each Sprint share they own. At the time that agreement was solidified, T-Mobile was trading at $64.52, and the transaction valued Sprint at $59 billion, or $6.62 per share. But since the stock-swap ratio was fixed, the value of the deal has gone down, as both companies are trading below their pre-announcement share prices. In light of this, there are two reasons why it might make sense to buy Sprint shares. The first is if you believe T-Mobile shares will climb if federal regulators approve the deal.
Get the latest Sprint Corporation S detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. And a bulleted list of reasons to buy or sell the stock. It also includes an.
The second is if you believe that antitrust regulators will block the merger, and that somehow Sprint will be better off for it. Image source:.
Amazon Buy Or Sell
What's happening now? Since the merger plan was announced on April 29, the two companies have been making their case for its approval. Sprint and T-Mobile have to convince federal regulators that they can't effectively compete with Verizon () and AT&T () without merging, and that letting them join forces will be beneficial to consumers. T-Mobile CEO John Legere, who is an excellent salesman, began laying out that argument in the press release announcing the deal. Essentially, he's trying to make it clear that the cellular market is no longer limited to AT&T, Verizon, T-Mobile, and Sprint, while also emphasizing that scale has become even more important.