Can we kiss competition goodbye? Banks race to finance Sprint's upcoming bid for T-Mobile 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. **w, in a followup report published on Thursday evening, The Journal **ted*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 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 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.
12-20-2013, 10:35 PM
Can we kiss competition goodbye? Banks race to finance Sprint's upcoming bid for T-Mo
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. **w, in a followup report published on Thursday evening, The Journal **ted*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 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 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.
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