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“Sprint Stock Soars After Judge Approves Its Merger With T-Mobile”

T-Mobile US and Sprint stocks are soaring after a federal judge gave his stamp of approval to the wireless carriers’ long-pending combination, ruling that the merger wouldn’t lead to less competition and higher prices for consumers in the U.S.

Sprint stock (ticker: S) rose 74%, to about $8.35, while T-Mobile (TMUS) was up roughly 12%, to about $95…”

https://www.barrons.com/articles/sprint-and-t-mobile-stocks-soar-on-report-that-merger-will-be-approved-51581378766

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