New York AG Rules out Appeal of T-Mobile+Sprint Merger Decision
New York State Attorney General Letitia James issued the following statement today regarding the recent court decision to allow the merger of T-Mobile and Sprint: "After a thorough analysis, New York has decided not to move forward with an appeal in this case." The merger is now expected to proceed quickly. T-Mobile claims the merger may close as soon as April 1st.
source: New York State Attorney General
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A multi-state anti-trust lawsuit to stop the merger of Sprint and T-Mobile has failed. New York Attorney General Letitia James issued a statement saying "There is no doubt that reducing the mobile market from four to three will be bad for consumers, bad for workers, and bad for innovation, which is why the states stepped up and led this lawsuit.
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This Merger Was Inevitable