T-Mobile wins court approval for Sprint take over

Judge approves the deal

  • T mobile points court approval for Sprint take over. The deal was thought to be in question as a result of consumers suit claiming prices would increase
  • T-Mobile judge says he lacks grounds are competitive effects

Both T-Mobile and Sprint shares are moving higher in early trading after the news.

The futures markets in the US are implying a higher stock prices once again:

  • Dow is up 122 points now
  • S&P is up 12 points
  • NASDAQ is up 43 points

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