FCC Approves T-Mobile/MetroPCS Acquisition
Does that mean
"A reverse merger is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. The transaction typically requires reorganization of capitalization of the acquiring company."
T-Mobile USA is a private company (wholly-owned subsidiary of Deutsche Telekom, which is headquartered in Germany) and it is acquiring MetroPCS, which is publicly traded on the stock market.
This forum is closed.