Following yesterday's news that T-Mobile USA and MetroPCS would be officially commencing a reverse takeover (where the smaller company takes over the larger), we're hearing today that the deal may be getting even more interesting. Sprint, which had plans to buy MetroPCS previously, may be considering offering a higher amount for the company than what is currently agreed upon between T-Mobile and MetroPCS.
If you'll recall back to Sprint's first attempt to buy out MetroPCS for $8 billion, CEO Dan Hesse was reportedly hours away from closing the deal when it was overturned by the board of directors. Now that the threat of a combined T-Mobile / MetroPCS is all too real, Sprint may be more motivated to keep these two apart this time around.
Source: BusinessWeek
