FCC Approves T-Mobile/MetroPCS Acquisition
Does that mean
that Deutsche Telekom's will no longer have a foot with Tmobile and Metro will simply have there name and customers?
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Sorry guys, it's just a banking term, didn't mean to throw anyone for a loop:
"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.
"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.
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