Florida has signed on to a consent agreement that the Justice Department reached with Sprint Corp and T-Mobile US Inc to allow the companies to merge, according to a court filing on Wednesday. While Florida’s decision to join the government is a morale boost for the companies, it may have little practical effect since the two sides already settled. Florida on Wednesday joined Kansas, Nebraska, Ohio, Oklahoma and South Dakota in backing the federal government’s decision to approve the deal on condition that the companies, the third- and fourth-largest U.S. wireless companies, divest Sprint’s prepaid businesses to satellite …read more
Source:: Yahoo Finance
