U.S. Justice Department tells T-Mobile, Sprint it opposes merger: source

FILE PHOTO: A sign for a T-Mobile store is seen in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton/File Photo

Sprint shares fell around 9 percent after the bell as investors bet the deal would not be completed. Shares of T-Mobile fell 4 percent. The deal had been criticized by consumer advocates and some lawmakers because it would reduce the number of national wireless carriers available to consumers from four to three.

They give up the ghost?

Again...

Wow, if only the DOJ had a backbone for all the other mergers going on in different sectors with low competition and impossibly high barriers to entry.

Uh oh... Looks like someone didn’t book enough rooms at a Trump property...

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Sprint stock falls 10% on report T-Mobile merger is unlikely to be approved as currently structuredSounds like a buying opportunity?
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