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T-Mobile, Sprint Revise Deal Terms After Regulatory Approval

(Bloomberg) — T-Mobile US Inc. and Sprint Corp. agreed to new terms for their pending merger that take account of the slide in Sprint shares since the transaction was first agreed, putting the industry-altering deal a step closer to completion.T-Mobile owners will get roughly 11 shares of Sprint for each of their stock, the companies said Thursday. That’s an increase from a ratio of 9.75 previously and is more favorable for T-Mobile’s German owner Deutsche Telekom AG.The equity value of the amended deal is about $37 billion compared with the original agreement of $26.5 billion, according to Bloomberg Intelligence analyst …read more […]

Newsmakers

CytoDyn (OTC: CYDY) Receives Institutional Review Board Approval to Initiate Phase 2 Basket Trial for 22 Solid Tumor Cancers

VANCOUVER, Washington, Feb 21, 2020  — Results from mTNBC and MBC studies continues to be positive with the first patient now at almost five months of treatment showing zero CTC, EMT and CAML. Seven patients […]

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3 Tech Stocks That Will Thrive on the 5G Boom

5G is here. The new digital wireless technology first started to make waves in 2017, with connectivity tests in Argentina, Norway, and Poland. By late 2018, active 5G networks were starting to appear on a limited basis in various urban areas, and in 2019 the first nationwide networks went into operation in the US and China. As 2020 matures, industry analysts expect to see these networks expand, as providers move into the mid- and high-frequency bands.The new network rollout brings with it a slew of opportunities, as does any new technology. Original equipment manufacturers will need new components. The new …read more […]

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The Grey Market Defined and Explained

The grey market is an uncommon investment term. But here at Investment U, we try to cover it all. Our goal is to provide an investment education, tuition free. So today, let’s add another term to our vocabulary.
The short guide below explains two different use cases of grey market. The first deals with buying and selling goods. And the second definition ties into the IPO market.
What is a Grey Market?

A grey market is an unofficial but legal market to sell goods outside of a brand’s distribution channels. This is typical when a product sells at a much higher price in …read more […]