The world's least secret courtship is getting closer to engagement time. According to a report by Bloomberg over the long weekend, the two companies are now 'putting the finishing touches on' a merger plan.
Beyond that, the only new info is that Sprint would supposedly be accepting a price tag not too different from its market price, and that there would probably be no breakup fee in the case that regulators nix the combination. They'd be aiming to actually announce a deal when the two companies report earnings in a few weeks.
For what its worth, as tired as we all are of watching this dance, I think this will be the last one and that they will succeed. Regulators will not object to the number '3' this time, although it'll take a year of public tribulations before we know that. And then all that will be left is a massive integration project. I wonder what they'll call it.
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