Tuesday, February 11, 2020
JUDGE APPROVES T-MOBILE & SPRINT MERGER AS JOHNSON COUNTY JOBS MOVE ONE STEP CLOSER TO OBLIVION!!!
We talked about this late last night and now it looks like early morning traders are the only people to make this news work for them . . . Meanwhile, JoCo jobs are closer to MASSIVE LAYOFFS that are an inevitability amid this move that's more of a takeover and acquisition . . . Not a classic collabo:
CNBC: Judge approves $26 billion merger of T-Mobile and Sprint
"The stock was up 70% in premarket trading. It had risen after hours Monday after The Wall Street Journal reported the judge was expected to rule in favor of the deal. Shares of T-Mobile were up more than 9% before markets opened.
"The ruling clears one of the final hurdles for the deal, which still can’t close until the California Public Utilities Commission approves the transaction."
Developing . . .