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Sprint near deal to buy T-Mobile USA for $50 billion, reports say

2014-06-05 13:16:41| InfoWorld: Top News

Sprint has reached a deal to buy T-Mobile US for about $50 billion, according to news reports on Wednesday. Sprint, owned by Japan's Softbank, would pay about $40 per share for T-Mobile, The Wall Street Journal reported, citing people familiar with the matter. The deal could still fall apart, the Journal warned.

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