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| November 19, 2017

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Sprint, T-Mobile Near Acquisition Deal -

Sprint, T-Mobile Near Acquisition Deal

Sprint Corp is nearing an agreement on terms such as price and termination fee in a deal to acquire T-Mobile US Inc , Bloomberg reported citing people with knowledge of the matter.

Under the agreement, which could be announced next month, Sprint will offer about 50 percent stock and 50 percent cash for T-Mobile, leaving parent Deutsche Telekom AG with about a 15 percent stake in the combined company, Bloomberg reported.

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