Deals
Wall Street Weighs the Chances of Sprint Deal With FCC and DOJ at Odds
Photographer: Andrew Harrer/Bloomberg
This article is for subscribers only.
The Justice Department’s leaning against the union of T-Mobile US Inc. and Sprint Corp. drew in mixed reactions on Wall Street. While the fate of T-Mobile’s takeover remains in limbo, Raymond James says the Federal Communications Commission going public first with its official recommendation of approval “seems unusual to us and indicates the political nature of the process.”
Read more: T-Mobile Under Pressure to Sweeten Sprint Package for DOJ Nod