Trump said he will raise tariffs on $250 billion in Chinese goods to 30%, and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
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"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
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The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
Bank of England Governor Mark Carney says trade war has a confidence effect on business around the worldMarketsread more
Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy for cancer, the top court said in a statement Friday.Politicsread more
However, some T-Mobile shareholders are frustrated with the deal price, these sources said.
As previously reported by CNBC, the exchange ratio for the stocks is expected to be at market. The deal price range continues to be locked on an exchange ratio that gives no further premium above Sprint's current value, sources said.
Shares of Sprint fell 0.89 percent in morning trading, to $7.81. They are down 7 percent year-to-date. T-Mobile US shares rose 0.21 percent, to $61.83. They are up 7.56 percent this year.
T-Mobile is owned by Deutsche Telekom while Sprint is controlled by SoftBank. The two have talked off and on over the years about a deal, including talks earlier this year. A big issue would be whether U.S. regulators would sign off on a merger of the third and fourth-largest wireless carriers or block it on anti-trust grounds.