• Bloomberg

  • SHARE

SoftBank Group Corp. is waiting to hear back from Deutsche Telekom AG on an 11th-hour bid to save a merger between Sprint Corp. and T-Mobile U.S. Inc. as the chances for a deal dwindle fast, according to people familiar with the matter.

The company is expecting Deutsche Telekom to make a final proposal this week that will include how many Sprint shares it’s willing to accept for each T-Mobile share, said the people, who asked not to be identified as the detail aren’t public.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW