US Gov Files Antirust suit against AT&T,/T-Mobile $39 Billion Merger
Bloomberg is reporting that the US Gov Filed Anti0trust paper today against the proposed acquisition of T-Mobile by AT&T. Which is a bad sign that this merger will not go anywhere. Also in. the Department of Justice moves to block the proposed deal by filing their own antitrust complaint.
Looks like the US Gov. didn’t by AT&T’s argument and this deal is looking highly unlikely at the moment. Well the good news for T-Mobile here is the get 43billion regardless if the deal fails. More as details hit.