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12-20-2013, 10:35 PM
Can we kiss competition goodbye? Banks race to finance Sprint's upcoming bid for T-Mobile
http://boygeniusreport.files.wordpress.com/2012/04/sprint-sign-sky.jpg?w=610 (http://bgr.com/2013/12/20/sprint-t-mobile-acquisition-financing/)According to a report from The Wall Street Journal late last week, Sprint is considering a bid to acquire T-Mobile US sometime in the first half of 2014 (http://bgr.com/2013/12/13/sprint-t-mobile-merger/). **w, in a followup report published on Thursday evening, The Journal **ted (http://online.wsj.com/news/articles/SB10001424052702304773104579268954112243572)*that at least six banks are currently working on proposals to provide financing for the deal. According to the report,*Masayoshi Son, chairman of Sprint (http://bgr.com/tag/sprint) majority owner SoftBank, was in New York City this week meeting with Goldman Sachs CEO*Lloyd Blankfein. WSJ was **t able to confirm that financing a possible T-Mobile (http://bgr.com/tag/t-mobile) bid was the topic of discussion, however. While the report **tes that the banks may submit their financing offers to Sprint by sometime in January, Sprint has apparently **t yet decided whether or **t it will bid. The Journal suggests that if it does, however, a deal to acquire T-Mobile US could be worth more than $20 billion.http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/QK3EdUxQosg
http://boygeniusreport.files.wordpress.com/2012/04/sprint-sign-sky.jpg?w=610 (http://bgr.com/2013/12/20/sprint-t-mobile-acquisition-financing/)According to a report from The Wall Street Journal late last week, Sprint is considering a bid to acquire T-Mobile US sometime in the first half of 2014 (http://bgr.com/2013/12/13/sprint-t-mobile-merger/). **w, in a followup report published on Thursday evening, The Journal **ted (http://online.wsj.com/news/articles/SB10001424052702304773104579268954112243572)*that at least six banks are currently working on proposals to provide financing for the deal. According to the report,*Masayoshi Son, chairman of Sprint (http://bgr.com/tag/sprint) majority owner SoftBank, was in New York City this week meeting with Goldman Sachs CEO*Lloyd Blankfein. WSJ was **t able to confirm that financing a possible T-Mobile (http://bgr.com/tag/t-mobile) bid was the topic of discussion, however. While the report **tes that the banks may submit their financing offers to Sprint by sometime in January, Sprint has apparently **t yet decided whether or **t it will bid. The Journal suggests that if it does, however, a deal to acquire T-Mobile US could be worth more than $20 billion.http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/QK3EdUxQosg