So T Mobile merges with PCS, pays out a little cash to current PCS shareholders, but conserves the rest. Is the merged company capable of another merger/ buyout... this time Sprint? The current estimate of pps for the first merger is around $36 per share. Your opinions please.
Time is Sprint's friend, enemy of Tmobile and PCS. Sprint needs time to finish their LTE network and are probably guessing that PCS shareholders won't approve the current deal. I won't, too cheap. The ceo said PCS was the belle of the ball yet he took a toad of a deal. Sprint is turning around so given time their share price will go up while PCS shares will go down/stay the same because it is dead money for at least 2-3 months. Sprint will be in a lot stronger bargaining position given time. The best move I can think of is for DT to put the better offer they plan to counter Sprint's offer with on the table and force Sprint's hand.