TMUS is going down because Wall Street doesn't think this deal will happen. Buy why? TMUS will gain at least $1 Billion from Sprint if the deal doesn't get approved. Common sense says TMUS benefits regardless if this deal happens or not.
most fees are back out fees not to do if not approved and there are no other bidders for TMUS and Sprint has the cash and stock so the breakup fee will be interesting since there is no set agreement yet only hear say.