Mobile

MetroPCS Holders Approve T-Mobile Takeover

Published on April 24, 2013
by Nathalie Tadena

MetroPCS Communications Inc. shareholders have approved the company’s merger with Deutsche Telekom AG’s T-Mobile USA unit, after terms of the deal were improved.

The deal is expected to close May 1.

T-Mobile agreed last year to merge with MetroPCS, creating a publicly traded company of which Deutsche Telekom would own 74%.

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