New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 29, 2013
12:49 EDTPCS, DTEGYGlass Lewis urges MetroPCS shareholders to reject T-Mobile deal
P. Schoenfeld Asset Management, PSAM, announced that Glass Lewis, a leading provider of corporate governance services to institutional shareholders, has recommended MetroPCS (PCS) Communications shareholders vote against the proposed transaction between PCS and T-Mobile USA (DTEGY). Glass Lewis is the second independent proxy advisory firm that has recommended PCS shareholders vote against the proposed Transaction. On March 27, Institutional Shareholder Services, ISS, issued a report advising its clients to vote against the Proposed Transaction also. In its report, Glass Lewis stated, "We believe MetroPCS shareholders could likely realize additional value in the short-term if the Company remained a standalone company, given its continued strong performance and prospects, conducted a proper competitive sale process seeking additional competitive takeover proposals or attempted to secure improvements in the deal terms with Deutsche Telekom and T-Mobile. In our view, all of these options are likely superior, from a valuation standpoint, than the proposed transaction as presently constructed."
News For PCS;DTEGY From The Last 14 Days
Check below for free stories on PCS;DTEGY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 29, 2014
08:21 EDTDTEGYDeutsche Telekom sees $35 per share too low for T-Mobile bid, Reuters says
Subscribe for More Information
August 28, 2014
12:59 EDTDTEGYT-Mobile parent willing to consider sale above $35 per share, Bloomberg says
After senior managers of Deutsche Telekom (DTEGY) discussed T-Mobile’s (TMUS) valuation at a strategy meeting, the German parent of the U.S. carrier came away willing to negotiate a sale of T-Mobile if an offer values it at $35 per share or more, according to Bloomberg, citing a person with knowledge of the matter. T-Mobile US shares spiked as headlines from the report crossed and remain up about 3% in afternoon trading. Reference Link
12:51 EDTDTEGYT-Mobile jumps 4% after Bloomberg says Deutsche Telekom open to talks on sale
Subscribe for More Information
12:50 EDTDTEGYDeutsche Telekom open to talks to sell T-Mobile at $35 per share, Bloomberg says
August 18, 2014
06:39 EDTDTEGYHrvatski Telekom selects Ericsson for 5-year managed services contract
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use