Sprint Deal Watchers Should Look at Trump Tax Ruling for Clues

(Bloomberg) — A federal court’s decision Monday to force President Donald Trump to turn over his tax returns may have ramifications outside of politics, and turn out to be a signal on how a judge may rule in the multistate lawsuit seeking to block T-Mobile US Inc.’s purchase of Sprint Corp.Judge Victor Marrero’s ruling on Trump’s taxes suggests that when he presides over the telecom mega-merger, he may not defer to the Department of Justice and Federal Communication Commission’s support for the phone company combination, New Street analyst Blair Levin said in an email. Instead, he will rule on the …read more

Source:: Yahoo Finance

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