http://www.philly.com/philly/business/breaking/20080211_FCC_approves__2_4B_S unCom_acquisition.html
SunCom Wireless Holdings Inc., Berwyn, today said its $2.4 billion acquisition by T-Mobile USA Inc. has been approved by the Federal Communications Commission, clearing the way for the deal to close by month's end. Announced Sept. 17, the companies' merger agreement provides for the acquisition by T-Mobile USA of all of outstanding shares of common stock of SunCom, for $1.6 billion in cash and $800 million in assumed debt. SunCom has about 1 million wireless subscribers in the southeastern United States, Puerto Rico and the U.S. Virgin Islands. T-Mobile USA is a wholly owned subsidiary of Deutsche Telekom AG. SunCom shares were up 14 cents to $26.91 in morning trading on the New York Stock Exchange. - - T-Mobile-US on Google Groups: http://groups.google.com/group/T-Mobile-US _ _ Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/T-Mobile-US/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/T-Mobile-US/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
