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DOJ Signals Skepticism Over Sprint Acquisition Of T-Mobile

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Mani
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Department of Justice officials sounded a warning that Sprint Corporation (NYSE:S)’s acquisition of T-Mobile US Inc (NYSE:TMUS) could meet with ‘intense scrutiny’ and regulatory difficulties.

DOJ Signals Skepticism Over Sprint Acquisition Of T-Mobile

According to Ryan Knutson and Brent Kendall of The Wall Street Journal it doesn’t appear the meeting has deterred Sprint Corporation (NYSE:S)’s board member Masayoshi Son, who has been the driving force behind the merger effort.

Sprint’s effort to acquire T-Mobile

Softbank Corp (OTCMKTS:SFTBF) (TYO:9984) has been looking to have its recently acquired U.S. unit Sprint Corporation (NYSE:S)

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports