Paulson may oppose MetroPCS, T-Mobile merger, Bloomberg reports

theflyonthewall.com

Paulson & Co., MetroPCS Communications' (PCS) biggest shareholder with 8.7%, said it may oppose its merger with Deutsche Telekom's (DTEGY) T- Mobile USA unit because of the debt the two would have together, reports Bloomberg. Paulson agrees with arguments by an opponent of the deal, P. Schoenfeld Asset Management LP, according to an e-mailed statement. Paulson is withholding its decision on whether to vote for the deal until it sees the final proxy statement.

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