Japan's Softbank May Acquire Sprint
Top message: Sprint = $12.8 Billion T-Mobile = $39 Billion What's up with that? by mikkej2k
Replying to: Re: Sprint = $12.8 Billion T-Mobile = $39 Billion What's up with that? by Eric M. Zeman
Eric M. Zeman said:
T-Mobile USA isn't a publicly traded company. It's a subsidiary of Deutsche Telekom.
Sprint IS a publicly traded company. At the close of the market yesterday, its stock price was $5. Acquisitions of publicly-traded companies are almost always based on their stock price and the calculated sum of all the shares x the share price (approximately). There's also debt to consider and market capitalization. Sprint has a huge amount of debt.
^ what he said.
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