Archives for

VZ

Sprint agrees to pay about $32 billion to buy T-Mobile: source

 Sprint Corp (S.N: Quote, Profile, Research, Stock Buzz) has agreed to pay about $40 per share to buy T-Mobile US Inc (TMUS.N: Quote, Profile, Research, Stock Buzz), a person familiar with the matter told Reuters on Wednesday, signaling progress in a long-contemplated deal to merge the third- and fourth-largest U.S. wireless carriers. At that price,