T-Mobile parent company Deutsche Telekom is looking to renegotiate the buying price for the American wireless carrier’s takeover of Sprint by skleb1234
. Even after Sprint stock soared 77% on Tuesday after the court ruling, it remains at a 12% discount—hence why Deutsche Telekom is looking to negotiate a better price.The move to renegotiate the terms of the deal comes right after a federal judge on Tuesdaythe $26 billion merger. After two years of regulatory limbo, T-Mobile finally won approval to take over Sprint, defeating a lawsuit from state attorneys general which claimed the deal would hurt consumers by eliminating competition.
T-Mobile is an important holding for Deutsche Telekom. After several years of steady growth, it now accounts for around
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