MetroPCS Pushes Back Investor Vote On $1.5B T-Mobile Deal

Law360, New York (March 4, 2013, 6:31 PM EST) -- MetroPCS Communications Inc. on Friday pushed its shareholder vote on its planned $1.5 billion merger with T-Mobile USA Inc. to mid-April after its largest shareholder New York hedge fund Paulson & Co. Inc. indicated its opposition to the deal.

MetroPCS said it postponed the meeting to April 12 from March 28, to allow its stockholders more time to mull the planned deal, particularly in the context of its full-year financial results that it filed with the U.S. Securities and Exchange Commission on Friday.

The company reported...
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