MetroPCS Urges Investors To OK $1.5B T-Mobile Merger

Law360, New York (March 12, 2013, 12:37 PM EDT) -- MetroPCS Communications Inc. released a letter to investors Tuesday encouraging them to approve the Texas-based cellular service provider's proposed $1.5 billion merger with T-Mobile USA Inc. and debunking alleged misstatements by its largest hedge fund shareholder, which opposes the deal.

New York hedge fund Paulson & Co. Inc.'s claims — that the leverage associated with the transaction is too high and that the debt terms are unreasonable — misstate the facts of proposed merger, MetroPCS Chairman and CEO Roger D. Lindquist said in the letter....
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