(Bloomberg) — T-Mobile US Inc. priced its shares at $103 apiece in a $20 billion-plus deal that will let co-owner SoftBank Group Corp. offload a stake in the wireless carrier, according to people familiar with situation.The mobile-phone company, controlled by Germany’s Deutsche Telekom AG, laid out plans for the stock sale on Monday, but hadn’t yet set a price for the shares. Nearly 200 million shares are changing hands as part of the complex transaction.SoftBank agreed to pay T-Mobile $300 million as part of the transaction and will cover all fees and expenses related to the deal. The company became …read more
Source:: Yahoo Finance
