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Tue Jun 11, 2019, 01:15 PM

States prepare lawsuit to stop Sprint and T-Mobile merger [View all]

Source: Reuters

At least 10 state attorneys general plan to jointly file a lawsuit as soon as Tuesday to stop the $26 billion merger of Sprint and T-Mobile , a deal that would reduce the number of nationwide wireless carriers to three from four, according to three sources familiar with the matter.

New York state's attorney general is leading the lawsuit, one source said. New York's attorney general's office has announced a press conference for this afternoon.

The lawsuit is to be filed in New York, according to one source.

T-Mobile, whose parent company is Deutsche Telekom AG , and Sprint, which is controlled by Japanís SoftBank Group Ltd, did not immediately comment. A spokeswoman for the New York attorney general declined to comment.



Read more: https://www.msn.com/en-us/money/companies/states-prepare-lawsuit-to-stop-sprint-and-t-mobile-merger/ar-AACILPx?li=BBnbfcN

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Reply States prepare lawsuit to stop Sprint and T-Mobile merger [View all]
Yo_Mama_Been_Loggin Jun 11 OP
cstanleytech Jun 11 #1
JudyM Jun 11 #2
Bengus81 Jun 11 #3
customerserviceguy Jun 11 #4
cstanleytech Jun 11 #5
customerserviceguy Jun 11 #7
cstanleytech Jun 12 #8
LanternWaste Jun 12 #11
MicaelS Jun 11 #6
cstanleytech Jun 12 #9
MicaelS Jun 12 #10