MetroPCS is asking its stockholders to give the thumbs-up to the latest buyout bid from T-Mobile USA parent Deutsche Telekom.
Following months of talks with MetroPCS, Deutsche Telekom finally sweetened its buyout offer Thursday, prompting the board of MetroPCS to amend its terms for the proposed merger.
Amid some concerns over the deal, Deutsche Telekom reduced the amount of debt the combined company would take on from $15 billion to $11.2 billion. The interest on the debt will also be lowered by 50 basis points, allowing the combined company to more easily pay it back.
To address fears that … Read more