That value may change depending on stock market fluctuations, since Sprint investors will get stock in the combined company at a fixed ratio. CNBC reported late Friday that the price could be about $6.50
Sprint, based in Overland Park, Kansas, declined to comment on the discussions. T-Mobile, located in Bellevue, Washington, didn’t respond to a request for comment.
the Justice Department and the Federal Communications Commission had almost four years ago, when they rejected a previous attempt by SoftBank Chairman Masayoshi Son to merge the two carriers