{"id":748078,"date":"2013-04-24T12:10:11","date_gmt":"2013-04-24T16:10:11","guid":{"rendered":"http:\/\/www.webpronews.com\/?p=226525"},"modified":"2013-04-24T12:10:11","modified_gmt":"2013-04-24T16:10:11","slug":"metropcs-t-mobile-merger-approved-by-shareholders","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/748078","title":{"rendered":"MetroPCS T-Mobile Merger Approved By Shareholders"},"content":{"rendered":"<p>Back in October, Deutsche Telekom and MetroPCS Communications <a href=\"http:\/\/www.webpronews.com\/t-mobile-merges-with-metropcs-still-named-t-mobile-2012-10\">announced that they had signed an agreement<\/a> to combine T-Mobile and MetroPCS. The new company would retain the T-Mobile name and branding.<\/p>\n<p>Today, Reuters <a href=\"http:\/\/www.reuters.com\/article\/2013\/04\/24\/us-metropcs-tmobileusa-idUSBRE93N0S620130424\">reports<\/a> that MetroPCS shareholders voted to approve the merger after Deutsche Telekom &#8220;sweetened its terms under pressure for activist shareholders&#8221;. <\/p>\n<p>Deutsche Telekom reportedly agreed to reduce the combined company&#8217;s debt. Lisa Maria Garza reports: <\/p>\n<blockquote><p>Activist shareholder P. Schoenfeld Asset Management had led a proxy battle against the original deal, while biggest MetroPCS shareholder Paulson &#038; Co had also threatened to vote against it. Both investors have said they were pleased with the improved terms.\n<\/p><\/blockquote>\n<p>The percentage of shareholders who voted in favor of the merger is unknown. <\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-04-24\/metropcs-shareholders-approve-t-mobile-merger-to-challenge-at-t.html\">According to Bloomberg<\/a>, the transaction is likely to be completed by the beginning of May. <\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=GXZa7LXe8cc:8YwzfVJ_idk:yIl2AUoC8zA\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=GXZa7LXe8cc:8YwzfVJ_idk:wF9xT3WuBAs\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=GXZa7LXe8cc:8YwzfVJ_idk:wF9xT3WuBAs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=GXZa7LXe8cc:8YwzfVJ_idk:7Q72WNTAKBA\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=GXZa7LXe8cc:8YwzfVJ_idk:V_sGLiPBpWU\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=GXZa7LXe8cc:8YwzfVJ_idk:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=GXZa7LXe8cc:8YwzfVJ_idk:qj6IDK7rITs\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?a=GXZa7LXe8cc:8YwzfVJ_idk:mfZ73u_VV2s\"><img src=\"http:\/\/feeds.feedburner.com\/~ff\/webpronews\/all?i=GXZa7LXe8cc:8YwzfVJ_idk:mfZ73u_VV2s\" border=\"0\"><\/img><\/a>\n<\/div><img src=\"http:\/\/feeds.feedburner.com\/~r\/webpronews\/all\/~4\/GXZa7LXe8cc\" height=\"1\" width=\"1\"\/>","protected":false},"excerpt":{"rendered":"<p>Back in October, Deutsche Telekom and MetroPCS Communications announced that they had signed an agreement to combine T-Mobile and MetroPCS. The new company would retain the T-Mobile name and branding. Today, Reuters reports that MetroPCS shareholders voted to approve the merger after Deutsche Telekom &#8220;sweetened its terms under pressure for activist shareholders&#8221;. Deutsche Telekom reportedly [&hellip;]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-748078","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-38BM","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/748078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=748078"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/748078\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=748078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=748078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=748078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}