Sprint Takes Big Hit After T-Mobile Acquisition News – Bloomberg Law

Sara Forden, Bloomberg News corporate influence reporter, discusses a stock slide for Sprint, which is suffering after an announcement that the wireless carrier will be acquired by T-Mobile in a $26.5 billion stock deal. Investors are concerned that the deal won’t make it past antitrust regulators, who shunned the idea of any such deal in 2014. Robert Mintz, a partner at McCarter and English, discusses why a California judge issued a temporary stay order in Stormy Daniels’s lawsuit over her alleged affair with President Trump. They speak with Bloomberg’s June Grasso and Amy Morris. 

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