UPDATE 1-T-Mobile in talks with Sprint on merger, does not rule out lower price

T-Mobile US Chief Executive John Legere on Thursday acknowledged talks are ongoing with Sprint Corp to extend their merger agreement, but he declined to rule out requesting the $26 billion price be reduced. The T-Mobile-Sprint deal, announced in spring 2018, has won regulatory approval from the Justice Department and Federal Communications Commission but faces a lawsuit from more than a dozen state attorneys general seeking to stop the deal. Legere was speaking on a webcast to discuss next generation 5G wireless and other initiatives. …read more

Source:: Yahoo Finance

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