T-Mobile and Sprint have finalized their deal terms as their all-stock “New T-Mobile” merger continues to head toward completion. They’re hoping that the megamerger could be officially approved as early as April 1.
Originally, Sprint owner SoftBank was scheduled to trade 9.75 shares for each T-Mobile share. According to the new agreement, it will trade 11 shares per T-Mobile share. Sprint’s other shareholders will get the original exchange ratio.