Sprint reportedly wants more information before pursuing MetroPCS

10/10/2012 | Bloomberg · CIO.com

Sprint Nextel's directors have decided to bide their time before deciding whether to pursue MetroPCS, after the prepaid carrier's agreement to merge with T-Mobile USA, according to a published report. The board last week opted to review T-Mobile parent Deutsche Telekom's proxy filing -- a document that describes how the deal came about -- before making a decision. Time is apparently not of the essence yet: Sprint may have up to three months to offer a counterbid.

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Bloomberg · CIO.com

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