|reply to elefante72 |
Re: This is a spectrum play and exit
said by elefante72:T-Mobile isn't selling to MetroPCS. If anything, it's the other way around, as it is T-Mobile that is paying cash to MetroPCS' stockholders. (About half the cash that AT&T paid to T-Mobile as a breakup fee.)
1. The Germans want out, so how do I dump the assets - Sell to MetroPCS
The majority of the transaction is being done as a stock swap. T-Mobile will hold 72% of the stock in the combined company.
A lot of people get hung up in the legal technicalities, in which MetroPCS is the surviving entity. But the reason that it's called a "reverse" merger is that people know which company is actually taking over the other one.