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Four More States Sued to Block T-Mobile-Sprint Merger

Ambrish Shah
Four More States Sued to Block T-Mobile-Sprint Merger

Earlier today, four more US states sued to block T-Mobile (TMUS) and Sprint’s (S) proposed merger deal on antitrust concerns, which pulled down their stocks. At 2:35 PM ET, T-Mobile stock was down 3.1% for the day, while Sprint stock was down 6.6%.