Shareholders receive $1.5 Billion, which is only 42% of market cap. Then we have to give up 74% of our shares, leaving us with 26%. So the value of that deal is 42% + 26% = 68% I don't like that.
You recieve $8.10 per every two shares that you own plus one new share of an integrated T Mobile/ Metro company. Only those who have an interest in Sprint would be opposed to this deal.
Maybe you might like only getting 68% of PCS current value, but I advise everyone else to vote "NO"