Finance Latest News: T-Mobile to Compete for Leap Users 'the Old Fashioned Way'

Wochit 1:02 mins

A top executive for T-Mobile US said they hope to win over Leap Wireless customers by competing for them "the old fashioned way." Some analysts had speculated that T-Mobile or another company could make a counteroffer for Leap, after T-Mobile agreed to be acquired by AT&T for $1.2 billion, or $15 per share. A person familiar with internal discussions said that Dell may delay a shareholder meeting on a $24.4 billion buyout offer from founder Michael Dell and private equity firm Silver Lake Partners, with the pivotal vote scheduled for the 18th too close to call. U.S. stock futures are moving higher on strength in the financial sector. Volume is light for the second consecutive day, however, with markets awaiting testimony from the chairman of the U.S. Federal Reserve

View Comments