approved a $1.2 billion merger with AT&T. More than 99% voted to approve the merger, which could have been the last remaining hope for Leap. They currently have $2.8 billion in debt. With that debt, AT&T is incurring Leap for about $4 billion.
string of Waze rumors, an acquisition has been officially announced this morning. Google has acquired Waze and while they choose not to say anything in terms of the dollar amount, there does appear to be a bit of good news for both Waze and Google Maps users. Basically, it looks like each side will be getting new features from the other.
Google has apparently just purchased Waze, the Israeli maps application organized via crowd-sourced data with the emphasis on social networking through location detection. With previous reports of serious mergers between Waze and other stronghold software conglomerates, the purchase of Waze through Google comes as a surprise to no one. The biggest question however is, "What will they do with it?"
began as rumor back in October 2012 and was quickly confirmed. At the time of the confirmation, the merger was expected to be wrapped up and completed sometime in the early part of 2013. Well, sitting on May 1, 2013 we now have word of the merger being fully completed. As a result, we now have T-Mobile US, which will be trading as TMUS.
MetroPCS and T-Mobile merger received the final approval yesterday. Following that news, we now have the MetroPCS Q1 2013 earnings report. In addition to the expected financials, this report also touches a bit on the merger. In the report there is mention of how they plan to have the merger completed by April 30, 2013. Of course, Deutsche Telekom had said that much yesterday.
shareholders approving the merger between T-Mobile and MetroPCS, however coming as a bit of an update, Deutsche Telekom has offered up some additional details. Just to begin with, a company spokesperson is calling this a "major step for Deutsche Telekom."
received the approval from the board of directors earlier in the month, the T-Mobile and MetroPCS merger was left needing only the approval from the shareholders. The original shareholder meeting was delayed, which resulted in a push back to April 24. Anyway, the shareholder meeting has taken place as expected and it looks like the merger has been approved.
MetroPCS press release which states that the "board unanimously recommends that MetroPCS stockholders vote their shares "FOR" all proposals relating to the proposed combination with T-Mobile." Basically, the MetroPCS and T-Mobile merger continues to move forward.
Pulse News has been acquired by LinkedIn for the tune of around $90 million dollars in a mix of mostly stocks, as well as some cash. At first thought we were worried, but rest assured that Pulse won't be going anywhere - at least for now.
Deutsche Telekom was planning to submit a new bid dealing with the MetroPCS and T-Mobile merger and it looks like that has not only been done, but also detailed. This will not change the earlier bit about the MetroPCS shareholder meeting having been pushed back to later in April, however we now know what this new bid includes. Coming by way of Deutsche Telekom, here are the details of what they are describing as the "best and final offer."